Pound falls on fears of a hung parliament
The pound fell overnight after YouGov research predicted next week’s general election could result in a hung parliament.
The pound fell overnight after YouGov research predicted next week’s general election could result in a hung parliament.
Sterling has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.
New data from Asset Risk Consultants shows that choice of reference currency, not investment risk, has had a greater impact on a portfolio’s global purchasing power.
Old Mutual Global Investors CEO Richard Buxton is less worried about politics in Europe, the US or the UK than he is about sterling being the UK’s only safety valve post-monetary policy.
The new 12-sided pound launched on Tuesday 34 years after it was first minted in coin-form. With its value still struggling following Brexit, we have looked back at its highs, and lows, since its big 1983 reveal.
The week kicks off with BT in hot water, a Trump-fuelled fall in the FTSE 100 and a redemption moment for sterling.
Smith & Williamson is urging investors to look beyond sterling corporate bonds as global yield curves continue to diverge.
Remembered as England’s “largest and bloodiest” encounter, the Battle of Towton of 29 March 1461 gave the country a new monarch and deepened divisions that would not be healed for decades.
Sterling hit an eight-week low on Tuesday morning in reaction to Parliament’s approval of the Article 50 bill – but with at least two years of negotiations ahead, could the currency fall even further?
Signs of an improving global growth environment have prompted Standard Life Investment MyFolio multi-manager head Bambos Hambi to re-evaluate his outlook on Europe and stick to his guns on the US and UK.
The large slide in the value of the pound that followed the Brexit vote has made non-UK assets worth more in sterling portfolios, lifting their returns. Is this all good news though or does it create additional risk?
With the prime minster set to outline more details on Britain’s ‘hard’ Brexit, and a possible departure from the EU single market, it’s time to take a step back and look at the dates that got us to this position in the first place.