Uk borrowing well below target

UK government borrowing figures came in well below expectations on Tuesday, and this will further aid sentiment towards the British Pound say analysts.

November 22,2022

Sterling embarking onto a bumpy road through 2023, energy prices & inflation drive underperformances.

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November 22,2022

Hunt budget

Financial markets approved of the UK's Autumn Statement which promised a return to fiscal credibility, but the British Pound is proving increasingly reactive to global investor sentiment which should determine near-term direction.

November 18,2022

Hunt Autumn Statement

GBP and UK bond markets were steady as the UK government's Treasury department laid out plans to ensure the country's finances remained in good shape.

November 18,2022

Autumn statement

A credible Autumn Statement from Chancellor Jeremy Hunt could result in a stronger British Pound.

November 17,2022

UK inflation

GBP fell following some hotter-than-expected UK inflation data that suggested the Bank of England could not yet afford to quit its interest rate hiking cycle.

November 16,2022

UK labour market economy

GBP was higher following reports UK wages came in stronger-than-expected in the UK's latest set of labour market statistics, but there are clear signs the market is cooling as the unemployment rate rose.

November 15,2022

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