01 November 2024 Pound Can Still Rise against Euro and Franc into Year-end Says Bank of America

The jitters in Sterling bond and currency markets will likely fade, argue Bank of America.

Read more … →
31 October 2024 Budget 2024 is Poor Value for Pound Sterling

The British Pound and bonds fell as markets gave the thumbs down to Chancellor Rachel Reeves' first budget.

Read more … →
30 October 2024 Pound Falls After Budget 2024 Sets Out Borrowing Binge

The Pound fell after the government announced a significant upgrade to the amounts it would need to borrow.

Read more … →
30 October 2024 Pound Sterling Shows Nerves Ahead of Budget

The British Pound is supported near key levels against the Euro and Dollar as traders choose to focus on the potential positive aspects of today's budget announcement.

Read more … →
25 October 2024 Pound Sterling Should Welcome Reeves' Budget Boost

The budget won't be an outright negative for the UK economy and Pound, as any boost to spending should be welcomed in the longer term.

Read more … →
25 October 2024 Consumers "Despondent" Ahead of Budget

Consumer confidence fell one point this month to -21, according to the country's leading barometer of sentiment.

Read more … →
24 October 2024 Pound Benefitting from Spending Binge Talk

The British Pound looks to be benefiting from reports that Chancellor Rachel Reeves is going to change the fiscal rules to allow her to borrow more.

Read more … →