Burnham faces UK economic test as Oct. 28 budget nears
UK Prime Minister Andy Burnham faces mounting pressure to lay out his economic strategy before the Oct. 28 budget, with…
GBP/USD News
Latest GBP/USD news — Bank of England rate decisions, UK economic data, Brexit developments and sterling dollar price analysis.
GBP / USD
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1.33188
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UK fiscal headroom set to fall well below OBR’s £23.6 billion March estimate
UK fiscal headroom is set to fall well below the £23.6 billion the Office for Budget Responsibility (OBR) estimated in…
Bank of England Set to Hold Rates Despite Aggressive Market Pricing
The Bank of England looks set to hold its benchmark rate at Thursday's meeting, extending a wait-and-see stance even as…
Pound Holds Near 1.35 as Stronger UK GDP Fails to Offset Dollar Strength
Sterling traded little changed against the dollar on Friday even after stronger-than-expected UK GDP data, as investors positioned for a…
UK economy grows 0.4% in July, beating forecasts for no growth
Britain's economy grew 0.4% in July, beating economists' forecast of no growth, the Office for National Statistics reported. Services led…
