Tag: pound sterling
Pound set to fall in ‘screeching turnaround’ as UK GDP numbers hammer currency
The economy contracted by 0.1% in October, the Office for National Statistics said. …
FTSE down and pound weakens after Rachel Reeves’s Budget tax U-turn
It comes as the Chancellor is reportedly considering dropping plans to raise income tax in the autumn Budget. …
Rachel Reeves’ bizarre pre-Budget speech sends FTSE 100 crashing as UK braced for tax hell
The Chancellor made an unusual pre-Budget speech this morning. …
Rachel Reeves puts UK on road to ruin as we face 1970s-style run on the pound
It’s back to the ’70s as experts warn the Chancellor risks a full-blown sterling crisis. …
Misery for Rachel Reeves as pound slumps after ‘disappointingly small’ retail sales rise
The data weighed heavily on the pound, which dropped against the dollar, euro, and yen as investors digested signs of a sluggish recovery in household spending. …
Pound plunges and gilts soar as Rachel Reeves chaos ‘echoes of Liz Truss’
Investors are questioning whether Sir Keir Starmer’s Government can deliver the tough decisions needed to keep the public finances under control. …
Pound plummets to 14 month low as FTSE slumps after Gilt yields soar
Pound Sterling hit its lowest rate in 14 months trading against the US Dollar at 1.2149. …
Pound LIVE: GBP hits three year low as Rachel Reeves’ budget bites
Pound Sterling has hit its lowest point since 2023, plummeting to $1.226 today against the dollar. …
Pound plunges to nine-month low as Rachel Reeves on ‘brink of breaking own fiscal rules’
It comes as UK 10-year borrowing costs rose to their highest level since the financial crisis of 2008. …
UK economy on the brink after Pound suffers biggest fall in 18 months
The value of the pound has dropped sharply following Rachel Reeves’ Autumn Budget. …
