- May says she will stand down before next election - May expected to survive vote - GBP enjoys strong recovery - Further gains topped to be limited by analyst.
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Pound Sterling has relinquished the day's recovery on headlines that a no confidence vote is to be called on Theresa May's leadership of the Conservative party.
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Political developments in the UK point to yet further uncertainty and we would expect the British Pound to remain under pressure over coming days as a result.
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The Pound was steady in the wake of October's GDP data, which showed the economy limping along in the final quarter, at the beginning of a week that promises to be dominated by events in Westm…
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It's actually quite hard to read the markets: We have Europe likely to start in the green, but Asia is in the red.
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The Pound will rise by almost eight percent against the Dollar before the UK leaves the European Union, according to analysts at Bank of America Merrill Lynch, who say the currency offers …
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The probability of the UK remaining in the EU has now doubled to 40%, the highest it has been since the referendum, say analysts at investment bank JP Morgan, offering a fundamental view that suppo…
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