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Tag: pound

Pound in biggest yearly fall since Brexit vote | The Times

30 December 2022 BrexitCarnage Leave a comment

​The pound is on course to end the year having suffered its worst annual decline since 2016, amid warnings that…

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Posted in: Currencies, Economy, Financial Services, UK Filed under: brexit, eu, pound, sterling, uk

Why the British Pound Continues to Sink | New York Times

29 September 2022 BrexitCarnage Leave a comment

“The pound’s journey indicates a decline in economic and political influence that accelerated when Britain voted to leave the EU…

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Posted in: Economy, Politics, UK Filed under: britain, influence, pound, swoon

Kwarteng said ‘who cares if sterling crashes?’ after Brexit, report claims | The Independent

27 September 2022 BrexitCarnage Leave a comment

Read More  ​after Brexit, report claims. Brexiteer MP overheard talking about markets on night of 2016 referendum vote. Adam Forrest.…

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Posted in: Currencies, Europe, Financial Services, Politics, UK Filed under: brexit, pound, sterling

Why Did British Pound (GBP USD) Drop Against Dollar? How Low Will It Go? | Bloomberg

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Read More  ​QuickTake explainers on the Bank of England’s inflation target and post-Brexit plans for financial services. Bloomberg stories on…

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Posted in: Currencies, Financial Services, UK Filed under: brexit, dollar, pound, sterling

Hedge funds made a fortune shorting the pound – now they may be under investigation | Fortune

26 September 2022 BrexitCarnage Leave a comment

https://fortune.com/2022/09/26/short-the-pound-uk-government-liz-truss-kwarteng-budget-hedge-funds-george-soros/

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Posted in: Economy, UK Filed under: hedge-funds, investigation, pound

Grim reality of ‘Global Britain’ looms as pound drops | Global Times

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Read More  ​The difference between the optimism of Britain’s new prime minister, Liz Truss, and the state of the British…

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Posted in: Currencies, Financial Services, UK Filed under: brexit, grim, pound

Pound hits record low after tax-cut plan sparks sell-off | Financial News

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Read More  ​The British pound fell to a record low against the dollar in early Asian trade on 26 September…

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Posted in: Currencies, Financial Services, UK Filed under: brexit, pound, sell-off, tax-cut plan

Truss facing party pressure amid fears over pound slump | Evening Standard

25 September 2022 BrexitCarnage Leave a comment

“Conservative MPs are prepared to vote against Truss’s tax cuts or submit letters of no-confidence if the pound continues to…

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Posted in: Economy, Politics, UK Filed under: conservative-mps, letters-of, pound, truss

Pound hits fresh 37-year low after mini-budget rocks markets | The Guardian

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“Sterling fell to $1.077 in early trading when Asia-Pacific markets opened after the weekend, close to parity with the US…

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Posted in: Economy, UK Filed under: budget, pound, sterling, us-dollar

British pound slump this year has surpassed hit from 2016 Brexit vote | Bloomberg

22 September 2022 BrexitCarnage Leave a comment

“The pound’s slump shows little sign of ending amid the ongoing story of dollar strength, as well as concerns about…

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Posted in: Economy, Politics, UK Filed under: brexit-vote, dollar-strength, economic-policy, pound

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