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Business articles

Pound firm, euro struggling, US dollar gains

The pound firmed on Friday as the UK released some better-than-forecast manufacturing and services PMIs. The results led to the UK composite PMI advan

Return to growth for UK service sector set to ...

Comments from Chancellor Sajid Javid continued to stoke anxiety over Brexit yesterday, with markets spooked by the prospect of a divergence in standar

Pound hits monthly highs

An unexpected surge in the first quarter CBI business optimism index helped GBP exchange rates gain across the board yesterday.

UK business sentiment recovery to extend ...

Confidence in the pound picked up yesterday as UK average weekly earnings unexpectedly held steady in the three months to November.

Euro stumbles, German growth set to hit ...

GBP exchange rates came under renewed pressure yesterday as fears of a hard Brexit scenario picked up, driven by comments from Conservative MPs.

Shock UK retail sales slump dents pound

A surprise decline in UK retail sales weighed heavily on the pound ahead of the weekend as the odds of an imminent Bank of England (BoE) interest rate

Will UK retail sales send Sterling higher?

News that credit conditions softened in the fourth quarter had little impact on the pound yesterday, with the deterioration offering little surprise t