Sterling begins Tuesday on the defensive after losing ground to the US dollar to start the week. It had reached a 17-month high against the euro on Friday but ceded some of that momentum yesterday, with investors understandably…
Read more
›
The pound must navigate Wednesday’s autumn Budget having strengthened to its best level against the euro since April 2025 to end last week.
Read more
›
UK retail sales fell 0.4% in September as consumer confidence plunged. What do the figures mean for the pound?
Read more
›
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. September’s inflation…
Read more
›
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…
Read more
›
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…
Read more
›
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…
Read more
›
US wholesale prices rose 6.3% in the year to September, the fastest annual increase since December 2022.
Read more
›