Sterling

Asos results: why the online retailer is showing no signs of slowing down

Asos, the online fashion retailer, has reported record sales and increased its forecasts for the year ahead after it more than…

Brexit: HSBC admits weak pound prediction was wrong

Banking giant HSBC has admitted  “defeat” on its prediction that the pound will drop to $1.20 against the dollar by…

Buyers in South East Asia and India are now London’s biggest property investors

South East Asian and Indian buyers now make up the majority of London’s international property investors thanks to the fall…

Bank of England Super Thursday: 3 things to look out for today

The Bank of England’s Super Thursday meeting takes place today. This is when the UK’s central bank releases its quarterly…

UK government borrowing rises to £6.9bn as inflation boosts debt costs

UK government borrowing rose to £6.9bn last month after the country was forced to pay higher interest on its debt. Public…

UK business confidence will continue to drop in 2017, EY Item Club warns

The EY Item Club, the economic forecasting group, has lowered its forecast for the UK's GDP growth from 1.8 percent…

Pound rallies to near 10-month high after UK government’s Brexit comments

The pound has rallied to an almost 10-month high in response to comments from the UK government ahead of a…

Brexit: UK money transfer customers remain resilient despite the devaluation of the pound

One year after the Brexit vote, money transfer customers in the UK have demonstrated long-term resilience despite the devaluation of…

Sterling jumps to three-week high as Carney suggests BoE will raise rates

Sterling jumped nearly one percent to a three-week high on Wednesday after Mark Carney, governor of the Bank of England…

British exports are doing well since Brexit. Will it last?

A year has passed since the UK voted to leave the European Union and the decision has had a positive…