Sterling edges higher LONDON: Sterling edged higher on Thursday, driven by a drop in the dollar after data showed weekly jobless claims... Published 03 Sep, 2021 04:58am
Business & Finance Sterling steadies below two-week highs versus dollar LONDON: Sterling steadied on Wednesday close to two-week highs versus the dollar, with the pound taking its cue from... Published 02 Sep, 2021 04:21am
Markets Sterling rebounds after last week's selloff The pound gained 0.7pc against the broadly weaker dollar, taking it back above $1.37, after it swung 1.8pc lower the previous week. Published 23 Aug, 2021 11:46pm
Business & Finance Bank of England to wait until 2023 before raising rates BENGALURU: The Bank of England (BoE) will wait until 2023 before raising Bank Rate from a record low of 0.10 ... Published 17 Aug, 2021 04:42am
Print UK economy rebounds in second quarter as lockdown eases LONDON: Britain’s economy rebounded 4.8 percent in the second quarter as the government began relaxing lockdown... Published 13 Aug, 2021 05:14am
Business & Finance Sterling little changed by Britain's 4.8pc GDP growth in Q2 LONDON: Sterling was little changed on Thursday as analysts expected the Bank of England to make no moves in its... Published 13 Aug, 2021 04:44am
Markets FTSE 100 flat LONDON: London's FTSE 100 treaded water on Thursday as investors held back from making big bets ahead of the Bank of... Published 06 Aug, 2021 04:18am
Business & Finance Sterling holds gains LONDON: Sterling held onto a modest gain on Thursday after the Bank of England laid out its plans for how it would... Published 06 Aug, 2021 04:18am
Print BoE sets out plans to wean UK economy off stimulus LONDON: The Bank of England said on Thursday it could see a modest reduction ahead in the huge support it has... Published 06 Aug, 2021 03:58am
Markets FTSE 100 flat as investors await BoE rate decision The domestically focussed mid-cap index rose 0.1% Published 05 Aug, 2021 02:19pm
Markets European stocks open steady before BoE updates In the eurozone, Frankfurt's DAX 30 index was flat at 15,692.93 points and the Paris CAC 40 won 0.2 percent to 6,757.47 Published 05 Aug, 2021 01:56pm
Markets Bank of England mulls inflation threat It also began pumping massive sums of new cash into the economy Published 05 Aug, 2021 10:19am
Business & Finance Sterling ticks higher ahead of BoE meeting LONDON: Sterling ticked higher against the dollar on Wednesday, buoyed by risk sentiment in markets, optimism over... Published 05 Aug, 2021 04:34am
Business & Finance Sterling gains on optimism for UK’s Covid-19 restrictions outlook LONDON: Sterling rose on Tuesday, helped by recent falls in COVID-19 infections in Britain, optimism around... Published 04 Aug, 2021 04:14am
Business & Finance Pound heads for best week in 2021 as Covid concerns ease LONDON: Sterling hovered close to one-month highs on Friday and was on course for its strongest week since December... Published 31 Jul, 2021 04:05am
Markets Pound highest in over a month as dollar dips on dovish Fed The British currency has gained for five consecutive sessions, and on Thursday was 1.4pc higher against the dollar on the week. Published 29 Jul, 2021 10:53pm
Business & Finance Fall in UK Covid-19 infections boosts sterling sentiment LONDON: Sterling held firm near a 13-day high against the dollar on Wednesday as a fall in UK COVID-19 infections... Published 29 Jul, 2021 04:48am
Markets BoE set to keep full-speed stimulus despite split over inflation risk That would allow the BoE to crack on with the task of shrinking its massive balance sheet, possibly in mid-2022 Published 28 Jul, 2021 11:54am
Business & Finance ECB lifts Covid-era curbs on banks’ dividends FRANKFURT: The European Central Bank said Friday it would end pandemic-era restrictions on banks’ payouts to... Published 24 Jul, 2021 04:27am
Business & Finance Sterling slips against dollar LONDON: Sterling slipped on Friday against the dollar, and headed for its worst week in a month, as investors sought... Published 17 Jul, 2021 04:21am
Business & Finance Sterling recoups early losses LONDON: Sterling reversed earlier losses on Thursday and moved higher after Bank of England policymaker Michael... Published 16 Jul, 2021 04:34am
Business & Finance Sterling climbs against dollar LONDON: Sterling climbed against the dollar on Wednesday as UK inflation rose more than expected to its highest in... Published 15 Jul, 2021 04:03am
Business & Finance ECB launches pilot project to create ‘digital euro’ FRANKFURT: The European Central Bank on Wednesday formally launched a pilot project to create a “digital euro”,... Published 15 Jul, 2021 04:03am
Markets Sterling slips to April low after BoE warns of over-reaction to inflation The pound slipped in morning trading to $1.3765 versus the dollar, its lowest level since April, and was down 0.2% at $1.3802. Published 01 Jul, 2021 05:01pm
Business & Finance Britons resume borrowing, rush to buy homes as economy reopens LONDON: British consumers have resumed borrowing and house prices have jumped by the most in more than 16 years,... Published 30 Jun, 2021 03:54am
Markets Sterling set for worst month vs dollar since September Britain recorded 16,703 new cases of COVID-19 on Thursday, the highest total since early February. Published 25 Jun, 2021 02:00pm
Markets Bank of England takes action against Euroclear for settlement outage Brussels-based Euroclear said it had kept the regulator Published 25 Jun, 2021 12:23pm
Markets Dollar firm as traders brace for US inflation data In emerging markets, the Mexican peso surged to a two-week high following a surprise benchmark interest rate hike. Published 25 Jun, 2021 09:38am
Business & Finance Early trade in New York: Dollar holds below two-month highs NEW YORK: The dollar dipped on Thursday as investors evaluated the likelihood that the US Federal Reserve will be... Published 25 Jun, 2021 04:20am
Business & Finance BoE keeps low rate, sees 'temporary' inflation spike LONDON: The Bank of England on Thursday kept its main interest rate at a record-low level, but warned inflation ... Published 25 Jun, 2021 04:20am
