Back in London, Impax Asset Management declined 4.4% as it grappled with outflows in its first-quarter. The firm reported assets under management decline 8.3% quarter-on-quarter to GBP34.11 billion at ...
The pound has continued to slide this morning, dipping below $1.23 against the dollar, while domestically focused UK shares and government bond yields also fell ...
Sterling posts its steepest three-day loss in nearly two years as surging UK bond yields reach multi-decade highs, stoking ...
THE pound has tumbled to its lowest level again the US dollar in over a year. It comes as government borrowing costs surged further, heaping yet more pressure on Labour over its fiscal plans.
Pound Sterling has plummeted to its lowest level since 2023, with Rachel Reeves failing to calm spooked markets. The currency ...
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...
The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the ...
The British pound fell to its weakest point in over a year, reaching a nine-month low amid growing concerns over the U.K.
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The pound dropped to a more than one-year low, stocks fell and gilts extended a fourth day of losses on concern the Labour ...
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are still ...
The latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday showed that “one-year ahead ...
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