Money

GBP: Brexit blight persists Four weeks after the ruling Conservative party engineered the pre-resignation of Theresa May, it has whittled down to two the number of her prospective successors as [...]

GBP: Holding out for a hero The bane of Brexit returned to haunt sterling, as Conservative MPs set about selecting a new leader to have another go at extricating Britain from the EU. As expected, [...]

GBP: Disappointing PMIs pull pound lower Britain’s manufacturing sector purchasing managers’ index fell nearly four points to 49.4 in May, missing the forecast 52.0 and the [...]

GBP: Resignation of PM Theresa May After its second week of humiliation by the market, sterling enjoyed a slight boost early Friday morning following the much-anticipated resignation of PM [...]

GBP On the run On Monday, Tuesday, Wednesday and Thursday sterling was either last or joint-last among the major currencies. It is down by an average of 1.5% from a week ago, its biggest loss [...]

GBP: The spectre of Brexit As Britain went into the bank holiday weekend the pound was looking perky. When Sydney opened on Monday morning it touched a two-month high against the euro. And that [...]

GBP: Positive gains after Brexit news but BoE urges caution The pound has steadily been making gains throughout the week, although the momentum dropped off as the week went on. There were [...]

GBP: Good data, bad politics On average the pound strengthened by an average of 0.3% against the other ten most actively-traded currencies between last Thursday and this morning. That average [...]

GBP: Brexit-free zone Investors might moan about the Brexit palaver but, take it away, and they have nothing left to play with. With the deadline pushed back to 31 October – or 22 May or [...]

GBP: Anticlimax Britain did not crash out of the EU on 12 April. As expected, the Prime Minister asked for a postponement to the end of June. Also as expected, the European Council said a short [...]