British pound news

The bosses of the UK's largest supermarkets warn the chancellor against imposing higher taxes on the industry.

The British pound fell sharply against the U.S. dollar on Thursday, testing key support near 1.32 amid persistent dollar strength and range-bound pressure.

Afua Kyei, 43, is in charge of the financial governance of the Bank's £1 trillion balance sheet.

The GBP/USD pair remains under pressure as strong US dollar momentum and bearish technical signals point to a potential decline toward the 1.3140 level.

Factories shut for over a month and suppliers suffered in particular. A report puts the costs at around $2.5 billion, making it the most economically damaging cyber event ever to hit the UK.

The SNP Westminster leader is also urging the UK government to renegotiate its trade deal with the EU.

However, the cost of items such as red meat and chocolate has continued to rise.

UK Inflation has fallen from record highs but remains above the Bank of England's 2% target.

Three and a half million low-paid workers across the UK benefit from minimum wage rates.

The British Pound edged lower on Tuesday, struggling near the 1.34 level as resistance builds, with a break below 1.32 signaling broader USD strength.

The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

GBP/USD dipped below 1.3400 as traders positioned cautiously ahead of UK inflation data, with stagflation fears and a stronger USD pressuring the pound.

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The Bank of England governor says the collapse of two US firms could be a sign of wider problems in the financial sector.

GBP/USD trades quietly near the midpoint of its consolidation range, with traders watching for a breakout as questions remain about the dollar's next move.

Higher interest payments offset increased revenue from tax and national insurance, the UK statistics body says.

The state borrows to fund day-to-day spending as well as long-term infrastructure projects.

GBP/JPY consolidates near ¥202 following volatile sessions, with key support at ¥200 and resistance at ¥204–¥205, while the bullish trend and positive carry continue to attract buyers.

The GBP/USD pair is under pressure as a bearish head-and-shoulders pattern forms, with upcoming UK and US inflation data set to determine the next move.

The GBP/USD pair remains rangebound near 1.3425 as traders await UK inflation data, with technical patterns pointing to potential downside toward 1.3300.

The British pound remains range-bound on Friday, trading between key moving averages as broader US dollar strength keeps upward momentum in check.

Rachel Reeves made the comments about the 2020 deal at a key meeting of the world's leading finance ministers and central bankers.

The GBP/USD went into this weekend near the 1.34238, which a rather solid bullish improvement compared to the low seen on Tuesday the 14th of October when the currency pair was near the 1.32500 vicinity.