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Drop in UK unemployment rate pushes up the pound

Data this morning revealed that the UK unemployment rate dipped back down to 7.8% in November, further evidence that the

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Promising Production Data May Spell The End Of Recession In The UK

The UK economy has received further encouraging news this morning following data which revealed that industrial production grew by 0.4% in…

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Sterling Hits A One Month High Against The US Dollar

MPC member’s optimism triggers sterling’s gain.

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BoE Holds UK Interest Rates

In a scheduled announcement, the Bank of England has kept its interest rate at 0.50% for the ninth…

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UK consumer Prices Continue To Rise

Data this morning has revealed that annual inflation in the UK rose at a higher rate than was forecast in November, reaching its highest point since…

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30-64 Year Olds Hardest Hit By Inflation

  • Latest figures from Alliance Trust Research Centre show that inflation rates facing all age groups rose sharply over the month. In particular the inflation rate facing the 50-64 year olds jumped from 1.9% to 2.8% in November,…
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    Weak Pound Means Fewer Christmas Bargains For Brits

    With Sterling still weak against both the US dollar and the Euro there will be fewer bargains for Brits…

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    Sterling Set For A Positive Start To The New Year

    Economic activity in the UK has picked up significantly from recession.

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    Quantitative Easing Extension Likely To Hurt Sterling, Say Caxton FX

    The Bank of England face a difficult decision this Thursday as they contemplate further measures to…

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    Sterling Plummets To 6 Month Low Against Euro & 5 Month Low Against US Dollar

    Sterling has suffered another setback yesterday morning, after

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