FTSE 100 lags European peers on strong pound LONDON: UK stocks advanced on Tuesday on hopes that China would ease its COVID-19 curbs and regulatory scrutiny,... Published 18 May, 2022 05:54am
Business & Finance Sterling hits highest since May 5 LONDON: The British pound rose to its highest level since May 5 on Tuesday as strong labour market data reinforced... Published 18 May, 2022 05:54am
World UK unemployment hits 48-year low but inflation squeezes pay LONDON: Britain’s unemployment rate fell to its lowest since 1974 in the first three months of this year, but... Published 17 May, 2022 12:58pm
Business & Finance Sterling steadies LONDON: Sterling steadied on Monday after Bank of England Governor Andrew Bailey said the current inflation surge ... Published 17 May, 2022 05:39am
Business & Finance Sterling steadies but declines against dollar LONDON: Britain’s pound steadied against the dollar on Friday, although it was set for a fourth consecutive week ... Published 16 May, 2022 05:42am
Business & Finance UK economic growth slows in first quarter LONDON: Britain’s economy grew at a slower pace in the first quarter compared with the final three months of last... Published 12 May, 2022 01:07pm
Business & Finance Sterling edges up against dollar, little changed versus euro LONDON: Sterling barely changed against the euro on Wednesday, while it edged up versus the dollar but still within... Published 12 May, 2022 05:40am
Opinion The exchange rate challenge It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced... Published 11 May, 2022 04:58am
Markets London stocks slide as China growth dent global risk appetite LONDON: UK shares ended lower on Monday, as tightening lockdowns in China added to investors’ concerns about a... Published 10 May, 2022 05:10am
Business & Finance Bruised pound nurses losses at two-year low with outlook bearish LONDON: Britain’s battered pound fell to its lowest level since June 2020 against the dollar for a third straight... Published 10 May, 2022 05:10am
Markets BoE’s Saunders says neutral rate might be in 1.25-2.5% range LONDON: Bank of England policymaker Michael Saunders said the neutral rate of interest - the level at which it... Published 09 May, 2022 07:36pm
Business & Finance Virgin Money raises annual net interest margin forecast as profit jumps LONDON: British challenger bank Virgin Money UK Plc raised its annual net interest margin forecast on Thursday,... Published 09 May, 2022 05:39am
Business & Finance BoE’s Pill says UK must accept income hit from high inflation LONDON: People and businesses in Britain need to realise they are unlikely to recover the income lost to high... Published 07 May, 2022 06:49am
Business & Finance Sterling hits new lows against dollar, euro LONDON: Sterling hit new lows against the dollar and the euro after the Bank of England warned of recession risks,... Published 07 May, 2022 05:46am
Markets BoE’s Pill says UK must accept income hit from high inflation LONDON: People and businesses in Britain need to realise they are unlikely to recover the income lost to high... Published 06 May, 2022 08:10pm
Markets Economy worries drag FTSE 100 lower, British Airways owner slides UK’s blue-chip index slipped on Friday, with British Airways owner falling the most after disappointing earnings,... Published 06 May, 2022 02:06pm
Markets BoE’s Pill says arguments on rate-setting are ‘finely balanced’ LONDON: Bank of England Chief Economist Huw Pill said on Friday that the central bank faced difficult choices about... Published 06 May, 2022 01:47pm
Markets Sliding pound supports FTSE 100 after BoE flags recession risk LONDON: Britain’s blue-chip index closed slightly higher on Thursday, supported by strong earnings from energy... Published 06 May, 2022 05:03am
Print BoE hikes interest rate to 13-year peak LONDON: The Bank of England on Thursday raised its main interest rate by a quarter point to one percent to tackle... Published 06 May, 2022 05:03am
Business & Finance Sterling drops back towards 21-month lows before BoE decision LONDON: Britain’s pound weakened against a rebounding dollar despite expectations that the Bank of England will... Published 06 May, 2022 05:03am
Business & Finance Bank of England raises rates to 1% despite looming recession risk LONDON: The Bank of England raised interest rates to their highest since 2009 at 1% on Thursday to counter inflation... Published 05 May, 2022 06:05pm
Markets Sterling little changed near 21-month low ahead of BoE, Fed LONDON: The British pound was little changed on Wednesday, near its lowest level in 21 months, ahead of central bank... Published 04 May, 2022 08:20pm
Markets FTSE 100 up 0.5pc LONDON: London’s FTSE 100 rose on Friday, driven by miners and strong quarterly earnings, with investors now... Published 30 Apr, 2022 05:53am
Markets Sterling set for biggest monthly drop LONDON: Sterling rose against the dollar on Friday but was still set for its sharpest monthly drop since October... Published 30 Apr, 2022 05:53am
Business & Finance Sterling tumbles to 21-month low LONDON: The British pound tumbled on Thursday to a 21-month low against a buoyant US dollar that also hit multi-year... Published 29 Apr, 2022 05:43am
Business & Finance Sterling falls to 21-month low vs dollar LONDON: Sterling fell to a fresh 21-month low versus the dollar on Wednesday as Britain’s weak economic outlook ... Published 28 Apr, 2022 05:37am
Business & Finance Sterling falls to lowest level since Sep 2020 vs dollar LONDON: Sterling fell on Monday to its lowest level since September 2020 against a strengthening dollar, while money... Published 26 Apr, 2022 05:20am
Markets London’s FTSE 100 ends flat LONDON: London’s FTSE 100 pared losses to end flat on Wednesday as gains in cyclical and energy stocks countered... Published 22 Apr, 2022 05:36am
Business & Finance Sterling rebounds after four days of losses, overlooks PM’s woes LONDON: The British pound climbed against a broadly weak dollar on Wednesday, unruffled by Prime Minister Boris... Published 21 Apr, 2022 05:26am
Business & Finance Pound slips below $1.30 LONDON: The pound dropped below $1.30 on Tuesday, falling for a fourth straight day against the dollar amid doubts... Published 20 Apr, 2022 05:12am
