Theresa May’s U-turn on capping the so-called “dementia tax”, just four days after releasing the plan in the Conservative election manifesto, has caused the Labour party’s odds of winning the snap election to rapidly shorten.
May 22,2017
Emmanuel Macron, France’s new president, wants to give fresh impetus to EMU by establishing a common budget, though only to finance policies that are currently being dealt with elsewhere.
May 19,2017
Sterling-Dollar has broken above the psychological barrier of 1.30 for the first time since 30 September after this morning's UK Retail Sales release surprised to the upside.
May 18,2017
The focus today for Pound Sterling will remain on UK economic data.
May 17,2017
If implemented, the Labour manifesto could boost GDP growth – by increasing investment spending – at the cost of higher debt which would potentially result in higher interest rates.
May 17,2017
The rule of thumb is that should data come in above expectation Sterling will rally, and it will fall on weaker figures. However, the Pound remained at levels seen ahead of the release with GBP/EUR lower at 1.1715 in the face of broader Euro strength.
May 16,2017
Fresh data from the Bank of England shows UK consumers continue to borrow money at levels that should continue to support the economy while at the same time not worrying policy-makers that they are overextending themselves.
May 4,2017
Page 182 of 209
