May wins right to start divorce proceedings with EU
Prime Minister Theresa May has won the right to launch divorce proceedings with the European Union and begin two years of talks that will shape the future of Britain and […]
An important week ahead as Sterling hits new low.
Over the last two weeks, we have seen the Pound fall by around 3.5% against most major currencies, this has been due to both weak economic data, and a loss […]
Pound Decline Continues
Manufacturing output fell by 0.9 percent in January, a bigger decline than the 0.6 percent fall forecast. Overall industrial output fell 0.4 percent in January. Britain’s manufacturing sector struggled to […]
Fresh New Lows For Pound
Sterling slipped even lower today, as investors brushed off the finance minister’s budget statement the previous day as largely a “non-event” that would do little to boost growth in Britain […]
Sterling Continues Decline – Budget Today 12:30 GMT
Sterling fell to a seven-week low today ahead of a British budget expected to raise economic forecasts but remain thrifty as Chancellor of Exchequer Philip Hammond targets curbing a big […]
Sterling Hits 7 Week Low Against Euro & Dollar
Sterling slips to a seven-week low against the euro, weakened by uncertainty over when the formal mechanism for Britain’s departure from the European Union would be triggered, as well as […]
Sterling begins to slide as economic data comes out weaker than expected.
Following the confirmation of Article 50 (March 15th) and the back and forth between the House of Commons & House of Lords last week, the only thing left to weaken […]
Theresa May Will Trigger Article 50 On 15th March
Yes, you read that correctly, it is finally going to happen! For those of you who haven’t seen the latest from the House of Lords, Theresa May was defeated after […]
Pound Suffers Due To Second Scottish Referendum News
Sterling traded close to a two-week low against the dollar today as investors awaited a speech by U.S. President Donald Trump, with the pound kept under pressure by worries about […]
Sterling Devalues Due To Fresh Uncertainty
Sterling fell against major currencies this morning, as the prospect of another Scottish independence vote and signs a major merger was unlikely to go through renewed fears about Britain’s future […]