Economy News Sterling Falls After Data Shows Uk Economy Shrank In October
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Sterling Slips as UK Inflation Holds Steady, Dollar Falls Versus Yen
The British pound was the weakest major currency on Wednesday after inflation unexpectedly held at 3.8%, undershooting expectations of economists and of the Bank of England. Sterling fell by as much ... Read More
Sterling falls after UK inflation unexpectedly holds steady
The British pound dipped against the dollar and the euro on Wednesday, after the annual rate of Britain's consumer price inflation unexpectedly held steady in September, undershooting forecasts for a ... Read More
Sterling Could Fall Further as Inflation Data Boost Rate-Cut Odds
The euro rose against the pound and sterling’s losses could grow as U.K. inflation data strengthened the case for further BOE rate cuts by year-end, ING said. Read More
Sterling snaps 3-day rising streak versus dollar, awaits inflation data
Sterling snapped a three-day winning streak against the dollar and fell versus the euro on Monday, as concerns over the British economy weighed on sentiment. Read More
UK economy returns to growth, but only just, as Reeves plans budget
Britain's economy expanded by a marginal 0.1% in August from July, offering a little bit of relief to finance minister Rachel Reeves as she prepares her November budget. Read More
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