U.K. house prices surge as demand returns
U.K. house prices accelerated further during September, following a slump in the immediate aftermath of the…
Browsing Tag
Brexit
UK faces Brexit divorce bill of more than €20 billion
Britain is facing a divorce bill from the European Union for as much as 20 billion euros ($22 billion), according…
Tesco pulls Unilever goods in Brexit row after pound plunges
Britain's biggest retailer Tesco (TSCO.L) pulled Unilever goods such as Marmite from its website in a pricing row…
Pound sterling lifted by May’s Brexit offer, dollar softer after rally
The struggling pound sterling surged Wednesday after a brutal sell-off, as British Prime Minister Theresa May's…
Pound extends losses after reports Brexit would cost U.K. £66 billion
The British pound has extended losses on Tuesday against the dollar as Brexit fears persisted, while the yen lost…
Dollar firm, sterling on the defensive on lingering Brexit concerns
The dollar firmed Tuesday, while the beleaguered pound sterling wallowed near recent lows on lingering fears about…
Goldman Sachs, JPMorgan, Morgan Stanley considering London exodus
Banks including Goldman Sachs are studying relocating some operations away from London, as Frankfurt is seen…
Pound sterling ‘flash crash’ fuels bearish calls of more weakness for UK…
It has not been a great week for sterling, with the currency taking a further pounding overnight and diving to a…
Pound sterling falls to fresh 31-year low, briefly trading below $1.27
The pound sterling continued to get punished Wednesday, building on its recent losses that have been sparked by…
IMF defends Brexit warnings, UK heads for ‘soft landing’
The International Monetary Fund’s chief economist Maurice Obstfeld has defended the grim warnings the fund made…