Tag: pound
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. …
Pound soars to 4-month high against US dollar as Donald Trump’s trade tariffs backfire
Sterling climbed above $1.29 for the first time since November. …
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 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. …
Pound to surge against dollar in major win for UK holidaymakers, predicts Goldman Sachs
It comes after the US Federal Reserve dropped a long-awaited jumbo interest rate cut – 0.5 percent after which the pound rose one point against the dollar. …
