Pound plumbs 14-month low, rattled by gilt market rout
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Pound falls to lowest in over a year after UK borrowing costs rise
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...
Pound in biggest three-day slide in two years as gilt pain intensifies
The pound headed for its biggest three-day drop in nearly two years on Thursday, under pressure from a sell-off in global ...
FTSE 100 Live: Pound Falls After Sinking to 2023 Low as Stocks Set to Open Flat
FTSE 100 futures are about flat, with the index having sailed through the UK market turmoil of recent days unscathed. It is ...
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Tax rise warning after Pound's fall and borrowing costs soar as Rachel Reeves criticised for China trip
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ...
Deutsche Bank says sell the pound
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...
Pound Trading Frenzy Shows Option Market’s Fear of Truss Redux
Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of ...
U.K. Pound Slides, Bond Yields Surge
U.K. bond prices, stocks and the British pound slid on Wednesday after a rout sparked by hot U.S. economic data rippled ...