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May needs to find plan B and quickly. If May fails, the UK will drop out of the European Union on March 29 without a deal or will be forced […]

D-Day For May

Theresa May faced the prospect of defeat in today’s vote in parliament on her Brexit deal, leaving the country in limbo about its membership of the EU. May urged lawmakers […]

Chances Of A General Election Rise

The pound has dropped across the board after Theresa May lost two Brexit-related votes in as many days. Britain’s main opposition Labour Party will demand a general election if May […]

Sterling Strengthens Ahead Of Debates

Sterling has risen ahead of parliament reconvening this week and debate Prime Minister Theresa May’s Brexit withdrawal agreement. Traders expect the next two weeks to be highly volatile for sterling. […]

Slight recovery for GBP -Dollar Weakens

Sterling rose this morning after suffering heavy losses spurred by fears of a global economic slowdown, but uncertainty about Brexit kept its gains in check. The pound sank to its […]

Flash Crash

We are more likely to end up leaving the European Union without a deal if parliament rejects the agreement Theresa May has negotiated with Brussels, Brexit minister Stephen Barclay said […]

Big Few Weeks Ahead For May

Theresa May urged MPs to back her Brexit deal, promising that it would allow the country to “turn a corner” and let the government focus on solving domestic problems such […]

Pound Continues Losses

Sterling has dropped off over after the Bank of England kept interest rates on hold and warned about the risks of a no-deal Brexit, with the British currency initially trading […]

Retail Sales Above Forecast

Sterling gained nearly half a percent against a weakened dollar today, as traders prepared for British retail sales data and the Bank of England’s interest rate decision. Analysts put most […]

Inflation Lower

Headline inflation data is showed a decline to 2.3 percent for the month of November from 2.4 percent previously and edging towards a 2 percent target in the coming years […]

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