by Ryan Morrison | Oct 23, 2026
Britain’s shoppers are buying less and worrying more, according to two reports that have delivered a double dose of bad news for the economy. Retail sales fell further than expected in September, while consumer confidence suffered its sharpest monthly decline...
by Ryan Morrison | Oct 22, 2026
The pound held near a 17-month high against the euro this morning, as yesterday’s hotter-than-expected inflation figures strengthened the case for a November interest-rate rise. Sterling also remained close to its recent highs against the dollar....
by Jonathan Cook | Oct 21, 2026
The UK’s headline inflation rate increased to 3.5% in September, driven by the highest motor fuel prices since the summer of 2022. While not exactly positive news for the chancellor and the economy, this morning’s figures did provide a further boost to sterling,...
by Jonathan Cook | Oct 20, 2026
Unemployment in the United Kingdom recorded a surprising drop from 4.9% to 4.7% in August. That took the UK’s jobless rate to its lowest since June 2025, despite the significant disruptions caused by the energy crisis and political uncertainty. The euro remains...
by Jonathan Cook | Oct 19, 2026
Sterling begins another week with the wind very much in its sails. As of this morning, the pound has reached a fresh 17-month best against the euro, having strengthened by over a cent across last week against the US dollar. As is so often the case when it comes to...
by Ryan Morrison | Oct 16, 2026
It has been a strange week for the dollar. Prices in the US rose much faster than expected, which would normally give the dollar a lift. For a day or so it did, climbing to its highest level in 18 months. Then it slipped back, and it is now on course for its first...
by Ryan Morrison | Oct 15, 2026
It has been a strange 24 hours for the pound. Yesterday afternoon it slumped to its lowest level against the dollar this year, after figures showed prices in the US rising faster than expected. By this morning it had clawed most of that back, and it is still sitting...
by Jonathan Cook | Oct 14, 2026
The pound strengthened against the US dollar on Tuesday and remains close to a 15-month best against the euro, which continues to trade under heavy pressure. While sterling has got off to a positive start to the week, tomorrow morning’s GDP data could threaten...
by Jonathan Cook | Oct 13, 2026
A quiet day for currencies saw the US dollar continue to dominate the pound and the euro. Sterling strengthened against the euro on Monday but the recent divide between European currencies and the performance of the dollar has been stark. Part of that strength comes...
by Jonathan Cook | Oct 12, 2026
The euro remains firmly under pressure having recorded its second consecutive week of losses against the pound and the US dollar last time out. Sterling begins Monday slightly stronger against the US dollar but still around four cents down compared to the end of...
