Sterling drops 1% on rumors UK will start Brexit process next spring
Proving that the prospect of the U.K. leaving the European Union can still unnerve markets, the value of the…
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pound sterling
Chinese investors still appealing for U.K. property, even after Brexit
Signs show Chinese investors are eager to continue snapping up U.K. residential and commercial properties, with the…
Sterling falls, dollar steady on Fed rate hike views
Pound sterling skidded in Asia Tuesday on speculation of further U.K. policy easing, while the dollar held its…
Sterling falls hammered by Bank of England’s easing measures
Sterling fell on Thursday, on track for its largest one-day decline in a month against the dollar, after the Bank…
FTSE 100 clings to thin gain as banks edge lower
U.K. stocks edged higher on Monday, coming after a fifth week of advances, yet some bank and mining shares were…
Pound sterling outlook darkens as first signs of Brexit fallout emerge
The pound’s recent resilience may prove short-lived as data showed the first indications that the U.K. economy may…
FTSE 100 ends above 6,700 for first time in 2016
U.K. stocks surged on Wednesday, sending the FTSE 100 to its highest close since August last year, aided by gains…
Sterling surges, global stocks stall as BoE holds fire on Brexit response
Pound sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the…
Dollar eases vs yen after rally, sterling steadies
The dollar eased slightly against the yen on Wednesday, but remained close to 2-1/2-week highs recorded this week…
FTSE 100 ends little-changed as rise in pound weighs on exporters
The FTSE 100 closed Tuesday’s session marginally lower, with a rally in the pound weighing on the export-dependent…