pound

FTSE LIVE: Pound slides under $1.20 as MPs resume attempts to block no-deal Brexit

by

FTSE CLOSE: Pound slides under $1.20 as MPs try to block no-deal Brexit and election looms; M&S will be demoted from Footsie By This Is Money Published: 08:18 BST, 3 September 2019 | Updated: 18:12 BST, 3 September 2019 The FTSE 100 closed down 13.75 points at 7268.19 and the pound was at $1.21 against … Read more

FTSE CLOSE: Eddie Stobart boss quits; Pound settles after strong rally

by

FTSE CLOSE: Stocks tumble as US-China trade war reignites; Eddie Stobart boss quits as firm suspends shares; Pound settles after strong rally The FTSE 100 closed down 0.5%, or 33.20 points, at 7,094.98  Pound up 0.1% to $1.2275, but in the red against the euro, down 0.4% at €1.1013  Eddie Stobart said its CEO Alex … Read more

Interest rate cut now on the cards as the pound takes another leg down

by

Interest rate CUT now on the cards, say analysts, as pound falls to two-year lows after shock data shows UK economy shrinking Raising of rates ‘increasingly out of kilter with economic reality’ economist says The pound has fallen to $1.208 versus the dollar and €1.077 against the euro Pressure on Bank of England to join US and … Read more

FTSE LIVE: Pound steady as May and Corbyn hold Brexit talks

by

FTSE CLOSE: Pound edges up as May lines up Brexit meetings with Merkel and Macron; Boardroom battle at Barclays; Ashley lashes out at Debenhams bosses By This Is Money Published: 08:24 BST, 8 April 2019 | Updated: 17:07 BST, 8 April 2019 The FTSE 100 closed up 5.02 points at 7451.89 and the pound was … Read more