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 ...
Pound plumbs 14-month low, rattled by gilt market rout
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Pound falls to lowest in over a year as borrowing costs soar
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...
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 ...
Pound hits 14-month low amid market jitters - what it might mean for your money
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
FTSE 100 Live: UK Bonds Pare Drop, Pound Continues to Slide
Eva Sun-Wai, a fund manager at M&G Investments, told Bloomberg Radio that the drop for the pound even as gilt yields rise ...
Tumbling pound, threat of strike action and growing debt crisis… bungling Labour are sending us back to the 70s
BRITAIN was having a grim 1970s flashback last night with a debt crisis, the threat of strikes and an under-siege Labour ...
Live news: Pound weakens to 14-month low against dollar
The pound extended its slide against a resurgent dollar on Thursday morning to hit a 14-month low. The pound weakened 0.7 per cent to $1.23, its weakest since November 2023, as the dollar index, which ...
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 ...
ASX to rise, British pound tumbles on UK deficit woes
Australian shares are set to open higher. Oil and iron ore advanced. US December payrolls awaited as 2025 rate outlook clouds ...