by Jonathan Cook | Oct 30, 2025
The pound fell to its lowest in months against the US dollar and its lowest in years against the euro across the middle of this week. Two main factors have contributed to this: first, the autumn Budget will be painful and might include tax rises to offset the...
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by Jonathan Cook | Oct 30, 2025
Wednesday was another rollicking day for stock markets with the Federal Reserve’s second consecutive interest rate cut bringing another burst of optimism. Today also begins with promising news from the trade war. Overnight, Donald Trump claimed a one-year agreement...
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by Charles Purdy | Oct 29, 2025
The pound fell, fell again and then fell some more yesterday against the euro. The immediate reason was the finding from the Office for Budget Responsibility (OBS) that the Chancellor will need to find another £20bn to make up for falling UK productivity and stay...
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by Charles Purdy | Oct 29, 2025
It felt like some chickens were coming home to roost yesterday as the pound fell, fell again and then fell some more. The immediate reason was the finding from the Office for Budget Responsibility (OBS) that the Chancellor will need to find another £20bn to make up...
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by Christopher Nye | Oct 29, 2025
The pound weakened by up to 1.5% against major rivals after the OBR growth downgrade and its likely impact on tax policies in next month’s Budget. Coming up shortly, some mortgage and consumer credit data from the Bank of England. GBP/USD past year 1 Min 5 Min 1 Hr 1...
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