Pound Sterling exchange rates fell widely in midweek trade after respondents to S&P Global surveys cited high interest rates and other headwinds for an August softening of business conditions i…
Read more →The UK economy underperformed many forecasters' expectations already during the opening quarter but the outlook for it darkened further this week and may mean the Bank of England (BoE) is more apt …
Read more →
The UK services sector returned to growth last month as activity among companies in the UK's largest economic sector recovered from an earlier trough, according to the latest IHS Markit PMI su…
Read more →The UK economy is likely to have stalled in the first quarter if Wednesday's IHS Markit services PMI is anything to go by, according to Capital Economics, as the sharp slowdown observed in the UK's…
Read more →The Pound pared earlier gains during the opening session of the week after IHS Markit data appeared to show activity within the U.K.'s largest economic sector cooling at the beginning of …
Read more →The latest IHS Markit services PMI marks a duo of disappointments for the U.K. this week, although markets were largely unmoved by the result as the Brexit negotiations and ongoing Conser…
Read more →The Pound shrugged off a surprisingly strong increase in the IHS Markit services PMI for August, which pointed to robust growth in the UK's largest economic sector, as uncertainty over th…
Read more →