Pound Sterling

• Pound rallies after Liz Truss resigns as U.K. prime minister

  The pound sterling rallied in the U.K. ahead of the announcement Liz Truss would resign as prime minister following a tumultuous and short tenure in office.

  Economy

  Oct 20, 2022
  
• British pound stable after sharp drop, but analysts warn it’s ‘too little, too late’

  The United Kingdom's pound has stabilized a day after plummeting to a record low as the British government plans tax cuts to deal with a cost-of-living crisis.

  Economy

  Sep 27, 2022
  
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• Bank of England warns of more interest rate hikes as pound hits record low

  The United Kingdom's pound sterling hit a record low compared with the U.S. dollar in trading on Monday as the new government announced major tax cuts.

  Economy

  Sep 26, 2022
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• Bank of England hikes key interest rate 0.5 percentage points amid recession fears

  The Bank of England raised its benchmark interest rate to 2.25 per cent on Thursday, a step of 50 basis points, as it looks to get a handle on inflation.

  Economy

  Sep 22, 2022
• British pound surges to 3 week high after UK court’s Brexit ruling

  Global equity prices steadied on Thursday after a UK court ruled that the British parliament must approve a government decision to trigger Brexit, lifting the pound to a three-week high.

  Money

  Nov 3, 2016