Pound sees biggest weekly fall since July; UK fiscal and macro worries collide

The pound headed for its biggest weekly decline in a month on Friday, under pressure from mounting concerns about the outlook ...

GBP/USD stays near 1.3350 as traders adopt caution due to UK inflation risks

GBP/USD holds ground after two days of losses, trading around 1.3350 during the Asian hours on Friday. The downside of the ...

FTSE 100 Live: Pound Hits Two-Month High After UK Jobs Data

In terms of what the FTSE 250 has going for it, UBS likes that its constituents offer stronger earnings momentum, a “cleaner” ...

Sterling holds steady as investors weigh UK fiscal risk

The pound held steady against the dollar on Thursday, as investors weighed up concerns about Britian's finances, in light of ...

Pound rattled by surprise surge in UK borrowing

The pound headed for its biggest two-day drop since late July on Friday, after a surge in UK public borrowing and a Bank of ...
Forex Crunch

GBP/USD Outlook: UK Fiscal Risks Mounts as Borrowing Overshoots

The GBP/USD outlook suggests mounting worries about the UK’s fiscal health after data revealed a surge in public borrowing.
PBS

The British pound has taken a plunge. What’s the impact?

LONDON (AP) — The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. It’s a sign of the alarm in financial markets over new Prime Minister Liz Truss’ ...