by Jonathan Cook | Jun 12, 2025
The chancellor put on a brave face in parliament yesterday, but there was no mistaking the difficult decisions that ran through the spending review. Funding for defence, health and infrastructure is badly needed. The issue for sterling is that choosing to fund these...
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by Jonathan Cook | Jun 12, 2025
The UK economy contracted by 0.3% month-on-month in April, according to Office for National Statistics (ONS) data. Services output and weaker production helped drive the fall, which came after a series of surprisingly strong performances to start the year. Slightly...
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by Julian Benson | Jun 11, 2025
The pound’s exchange rate took a significant hit this week after new data revealed both growing unemployment and a shrinking jobs market. Both effects of April’s new budget which increased the cost for businesses to employ staff. Over a dramatic hour, the pound lost...
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by Julian Benson | Jun 11, 2025
The dollar gained on the pound on Tuesday morning, but lost most of that lead through the day. This afternoon, new inflation data will reveal some of the impact of president Donald Trump’s tariff agenda. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jun 11, 2025
The euro climbed on the pounds losses yesterday and remained ahead of the dollar on Tuesday. However, today sees Polish prime minister face a no confidence vote and may cement the new right wing president’s ability to block Donald Tusk’s moves to strengthen ties with...
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