Pound Sterling has been consolidating for more than a week as the interest rates are seen unchanged by the Bank of England monetary policy meeting, which is scheduled for next week.

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Sunak nears first anniversary as UK PM with little to celebrate

A first anniversary in office is normally a moment for a leader to celebrate, but Britain's Rishi Sunak hits the milestone this week with a mountain to climb to retain power in a general election ...

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GBP to USD Forecast: UK Pound’s Fate Hangs on Middle East Crisis and PMI Data

Softer UK wage growth and a larger-than-expected fall in retail sales painted a grim picture of the UK economy last week. Sticky inflation added to the gloomy outlook. On Tuesday, UK unemployment and ...

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Economy: UK inflation worst in G7 misery: Ian McConnell

There was further miserable news on the UK economy last week with the revelation in official ... Annual UK consumer prices index inflation remained stuck at 6.7% in September, the data from the Office ...

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UK manufacturers handed millions in free carbon allowances for shuttered plants

CF Fertilisers, Ineos and Sanjeev Gupta’s Liberty Steel all awarded free carbon allowances for sites that have stopped operating ...

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