#sterling
#sterling

Traders are heavily betting against the pound ahead of the Budget, fearing Rachel Reeves' tax and spending plans will further weaken the UK's economic outlook.

UK politics

fromwww.theguardian.com

1 month ago

Pound sinks against euro and dollar as tax rises loom and growth slows

Higher taxes and a downgraded productivity outlook pushed sterling to multi-year lows and brought forward expected Bank of England rate cuts.

UK news

fromLondon Business News | Londonlovesbusiness.com

2 months ago

Bank of England likely to hold rates today and through year end - London Business News | Londonlovesbusiness.com

Bank of England will keep the policy rate at 4% with slim odds of further cuts this year as inflation remains elevated and core pressures persist.

UK news

fromLondon Business News | Londonlovesbusiness.com

7 months ago

Sterling recovers against the dollar - London Business News | Londonlovesbusiness.com

Sterling recovered from early losses despite weakened business activity due to geopolitical trade tensions.

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#sterling#sterling

Gilts calm for now, sterling posts month-high post-Budget - London Business News | Londonlovesbusiness.com

FX markets prepare for rare 'Live Credibility Test' on Budget Day - London Business News | Londonlovesbusiness.com

Gilts meltdown: Has Reeves learned nothing from Truss 'mini Budget' fiasco?