Pound sterling and domestic shares continue to slide as UK economy 'on shaky ground'
The pound has continued to slide this morning, dipping below $1.23 against the dollar, while domestically focused UK shares ...
Pound slides to 14-month low as gilt pain intensifies
The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the ...
FTSE 100 LIVE: Stocks mixed as pound falls to 14-month low after bond sell-off
The pound ( GBPUSD=X) hit a 14-month low against the dollar in early trading in London today. Sterling lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its ...
Pound falls further as UK borrowing costs soar
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...
Sterling Could Fall Further as Investors Cut Long Positions Even More
The global bond market selloff has spread to gilts and prompted investors to trim overweight sterling positions, ING said, but expects the rise in EUR/GBP to be capped at 0.8500 and sees GBP/USD ...
Reeves tries to calm markets as Pound falls and borrowing costs rise
Sterling tumbled to its lowest level against the US dollar for over a year this morning as investors heaped more risk premium ...
Business Matters24m
Sterling tumbles as bond yields soar, fanning fears over UK public finances
Sterling posts its steepest three-day loss in nearly two years as surging UK bond yields reach multi-decade highs, stoking ...
UK Treasury forced to take questions from MPs as UK bond sell-off deepens
UK 10-year borrowing costs climbed further on Thursday as a bond market sell-off deepened, hitting the pound and threatening ...
Currency News30m
Euro (EUR) Unmoved by Disappointing Releases
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