GBP: Sterling weaker after tax announcement

The pound slipped against the euro and the dollar yesterday following the announcement that the UK government will be introducing fresh tax hikes. The government will be introducing this to pay for the health and social care systems. However, economists are worried...


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Pound weaker after government announces tax hike

The pound suffered yesterday and is still struggling this morning against both the euro and the dollar after the UK government announced a new 1.25% health and social care tax, designed to raise £12bn a year. Economists worry that this rise will hamper the UK’s...


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Sterling drops on tax news

Firstly, what better day than when our London office will be basking in 30°C to remind you of The Luxury Ski Show? Well, mountain homes are pretty wonderful in a heatwave too. It’s a “virtual” property and lifestyle exhibition that Smart are...


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EUR: Traders analyse data ahead of ECB decision

The single currency had a positive day against sterling while slipping slightly against USD, in a decidedly mixed day for data and ahead of an interest rate decision in two days time. In Europe’s largest economy, construction PMI slipped badly in Germany, to 44.6,...


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