China, Pound and Rachel Reeves
Rachel Reeves facing calls to cancel controversial China trip as pound tumbles
The chancellor Rachel Reeves is under pressure to cancel a controversial trip to China as the UK economy faces another tumultuous day on the markets. Shadow home secretary Chris Philp blamed Labour for the soaring cost of government borrowing and said she “should stay in the UK fixing the mess her Budget has created”.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
FTSE 100 futures are about flat, with the index having sailed through the UK market turmoil of recent days unscathed. It is ...
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...
The pound headed for its biggest three-day drop in nearly two years on Thursday, under pressure from a sell-off in global ...
Wednesday was the busiest day for pound options trading since the currency slumped toward an all-time low in 2022, an omen of ...
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...
The trip by Ms Reeves, who Ms Nandy said is “relentless in her pursuit of growth”, comes as the pound fell again by as much ...
U.K. bond prices, stocks and the British pound slid on Wednesday after a rout sparked by hot U.S. economic data rippled ...
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a ...
The pound tumbled to its weakest level against the US dollar in over one year as investors’ concerns over the UK fiscal and ...
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