Downing Street is said to believe that significant reductions are needed in the welfare budget, namely from personal ...

According to a report by KNBS, the Kenyan shilling recorded significant gains against major East African currencies in the ...

The dollar looked set to log a sixth straight week of outperformance against other currencies on Friday, underpinned by ...

Sterling falls for fourth straight day to hit 14-month low after US jobs data, 30-year gilts highest since July 1998 ...

“Bonds are very attractively priced at the moment”, Oliver Faizallah, head of fixed income research at Charles Stanley, tells ...

Labour chancellor Rachel Reeves has the reverse Midas touch. Instead of turning things into gold, she tarnishes everything ...

A major plank of Keir Starmer's pitch at the election was that Labour would bring much-needed stability to the UK economy.

Sky's Ian King writes that a mistake by Rachel Reeves ahead of the general election has come back to haunt her as budget measures combine with world events to hit the pound and UK borrowing costs.

Sterling fell and UBS Global Wealth Management said it could remain under pressure in the near-term on concerns about higher U.K. borrowing costs, though it is likely to recover later in the year.

Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...

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 ...

Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current ...