Sir Keir Starmer’s decision to step down as Prime Minister sent ripples through financial markets, with UK borrowing costs rising and sterling weakening as investors assessed the prospect of a
Pound Rises Amid Political Turmoil in France and Japan
The pound strengthened on Monday, supported by political turbulence in France and Japan, reaching its highest level against the euro in nearly four weeks.
FTSE hits one-month high following US-China tariff agreement
FTSE 100 reaches one-month high as US-China tariff pause lifts global markets
FTSE 100 trails global markets after Trump targets drug prices
The FTSE 100 underperformed its European and Asian counterparts in early trading after Donald Trump unveiled plans to slash prescription drug prices in the US.
European markets rally as US and China agree to major tariff cuts
European markets rally as US-China tariff pause lifts sentiment
No. 10 dismisses Reeves’ suggestion that Trump is to blame for the weak economy.
Downing Street has rejected Rachel Reeves’ suggestion that Donald Trump was responsible for Britain’s economic underperformance.
Reeves confronts a looming £20bn shortfall as the economy weakens.
Rachel Reeves faces a looming £20bn deficit in public finances, driven by soaring interest rates and weakening economic growth, economists at JP Morgan warn.
Budget tax hikes have pushed the economy into stagnation.
Rachel Reeves has been accused of “dragging the economy into stagnation” with her reference to a “£22bn black hole” in the public finances. Official data revealed that November’s growth fell
Rachel Reeves may keep pushing forward, but her fate is sealed
The Chancellor’s decision to travel to China while bond markets turn against Britain highlights a much larger issue, and it’s not a positive signal.
British Pound Plummets to Nine-Month Low as Government Borrowing Costs Surge
The British pound has fallen to a nine-month low amid a significant rise in government borrowing costs, pushing Chancellor Rachel Reeves close to breaching her own fiscal rules.
Pound Approaches Pre-Brexit Levels as French and German Economies Struggle
The pound inched closer to its highest level against the euro since Brexit as ongoing struggles in major European economies weighed on the single currency.
The pound has soared to its highest level against the euro in two and a half years.
The pound has climbed to its highest level against the euro in two and a half years, driven by expectations of interest rate cuts to bolster the struggling European economy.