Sterling was up slightly against the dollar and Bank of America said the U.K.’s dual fiscal and current account deficit remained a key medium-term risk for the British currency.

The pound was down 0.12% against the dollar at $1.2292 , having slid 0.3% earlier in the day, and hovered close to Thursday's 14-month low of $1.2239 ...

Sky's Ian King writes that a mistake by Rachel Reeves ahead of the general election has come back to haunt her as budget measures combine with world events to hit the pound and UK borrowing costs.

A major plank of Keir Starmer's pitch at the election was that Labour would bring much-needed stability to the UK economy.

The pound is once again taking the heat as UK financial markets wobble - often a sign of stress in a country highly dependent ...

Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...

Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...

Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current ...

Each day the Money blog starts with a regular feature to absorb as you wake up or during your commute - and on Wednesdays we ...

Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China ...

The market seems to be acknowledging the Treasury’s reiterated fiscal pledges and this has prevented the gilt and pound ...

Domestic factors have contributed to the bond market turmoil, but most analysts said the movements were largely driven by ...