by Charles Purdy | Nov 12, 2025
The news that unemployment has hit 5% in the UK has increased speculation on a leadership challenge to the prime minister Sir Kier Starmer. With manifesto-busting tax rises likely in the Budget two weeks away, both the chancellor and her leader’s own jobs could be...
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by Christopher Nye | Nov 12, 2025
There were sizeable losses for the dollar yesterday almost but not quite across the board. The cause was the likely end of the US government shutdown today. There will also be a phalanx of interest rate setters from the US Federal Reserve talking, so watch out for...
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by Christopher Nye | Nov 12, 2025
A quiet period for eurozone data hasn’t stopped movement for the single currency, but yesterday was a mixed picture, with gains on the pound and US dollar but losses elsewhere. The big data event of the week is GDP on...
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by Christopher Nye | Nov 12, 2025
Despite bad news on unemployment yesterday it wasn’t an entirely negative day for sterling, which recovered a little ground on the US dollar and the yen. Will that survive tomorrow’s GDP data though, and comments from the BoE’s chief economist this...
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by Charles Purdy | Nov 12, 2025
The news that unemployment has hit 5% in the UK has increased speculation on a leadership challenge to the prime minister. With manifesto-busting tax rises likely in the Budget two weeks away today both the chancellor and her leader appear to be under threat. Average...
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