by Jonathan Cook | Nov 24, 2025
Wednesday will finally put an end to months of speculation around the autumn Budget. Will Chancellor Rachel Reeves be able to keep both currency markets and the Labour party on side? More importantly, how will her policies affect your money? We’ll get the answers to...
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by Jonathan Cook | Nov 24, 2025
The US dollar’s week ended on a timid note after the Federal Reserve’s John Williams confirmed he would be pushing for another rate cut at the December meeting. Still, it was a positive week for the US dollar, even if clear splits within the Fed are leading to a...
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by Jonathan Cook | Nov 24, 2025
European Central Bank president Christine Lagarde was in a poetic mood on Friday, describing Europe’s growth as tied to “a world that is gradually disappearing”. There was truth behind the lyricism, too. Dependent on trade and security pacts, the euro faces up to a...
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by Jonathan Cook | Nov 24, 2025
For the near term, at least, it’s hard to think of many scenarios that would see the pound strengthen. The chancellor’s watered-down package of fiscal consolidation has already been greeted poorly by the bond market. Aside from another U-turn on tax, it’s hard to see...
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by Jonathan Cook | Nov 24, 2025
When it came to pre-Budget prep, the chancellor could hardly have had a worse Friday. New figures showed UK government borrowing overshot expectations in October. Combined with a significant fall in retail sales, the latest data dealt a fresh blow to the public...
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