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The pound headed for its biggest three-day drop in nearly two years on Thursday, under pressure from a sell-off in global ...
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ...
FTSE 100 futures are about flat, with the index having sailed through the UK market turmoil of recent days unscathed. It is ...
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...
Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of ...
Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans.
There's more bad news for the chancellor to digest on her trade mission to China as financial market moves continue to weigh on her stewardship of the economy.
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a ...
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...