Sterling slides as Carney casts doubt over May rate rise
Bank of England (BoE) governor Mark Carney has signalled that an interest rate rise in May could be pushed back, contrary to market expectations.
Sterling
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Sterling spikes as wages up by 2.8%
Sterling was up against the dollar this morning as wages grew faster than expected, according to the Office for National Statistics (ONS).
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UK plc profits and revenues soar to record highs
A weak pound and the synchronised global recovery helped boost revenues and profitability among UK-listed companies to record highs, according to The Share Centre’s latest Profit Watch UK report.
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Sterling has mixed fortunes on Brexit ‘breakthrough’
Sterling has had a mixed reaction to Britain and the EU completing the first phase of negotiations and reaching a historic deal overnight.
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Will sterling sink or swim?
Following the recent news of progress on the Brexit “divorce bill”, sterling hit a two-month high this week, and was up against both dollar and euro.
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Rathbones’ Coombs: currency not Corbyn is UK’s ‘biggest risk’
Sterling poses the biggest threat to the UK economy, argues Rathbones’ David Coombs, and will ensure 2018 is another “difficult” and volatile period for markets.
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Should 3% inflation change your portfolio position?
Now may be the time to go defensive investors have argued after data revealed UK inflation held steady at 3% in October.
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Sterling’s fall brings no boost to UK trade
The performance of net trade since sterling’s depreciation remains the worst in UK history Pantheon Economics has warned.
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Coutts finds opportunities in ‘undervalued’ sterling
Coutts & Co is banking on the continued reflation trade in Europe and ignoring the sterling naysayers by highlighting the currency as an attractive value proposition.
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Five possible Brexit scenarios for investors to chew over
Brexit negotiations are officially underway. But what’s the final Brexit going to be – hard, soft, wobbly, red white and blue? Or will the UK economy simply plunge off the cliff edge? Investors weigh in.
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Sterling spikes after ‘tectonic shift’ in BoE monetary policy
The pound bounced back from its post-election lows after it emerged this afternoon the central bank’s monetary policy committee were not unanimous on discounting a rate rise.
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Hung parliament: Investors braced for volatility as May’s gamble backfires
Sterling has taken a hit overnight as the UK woke up to anything but a ‘strong and stable’ government.
