also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower ... will result in inflation rising to 3.7% later this year.
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a reading of 2.8%. Read the latest analysis from MoneyWeek.
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Starling Bank customers warned to make an urgent switch this week - or lose hundreds of pounds of interestIf you open an account using links which have an asterisk, This is Money will earn an affiliate commission. We do not allow this to affect our editorial independence. Starling Bank customers will ...
Under the new laws, officials have the authority to review bank statements and retrieve funds directly from accounts if fraud ... aims to recover approximately £1.7 billion this year from ...
If you require business payments abroad, then a currency broker can help you avoid the risk of fluctuating exchange rates. We recommend TorFX as our preferred currency provider. FCA regulated and ...
The Secretary of State for Work and Pensions has told Parliament people entitled to claim benefits have "nothing to worry about" from new powers designed to end multibillion-pound fraud in the welfare ...
with some eyewitness accounts leading to speculation that a portable power bank may have caused the blaze. The plane, an Airbus A321, had been scheduled to fly to Hong Kong late Tuesday evening ...
which can vary depending on the bank and the size of the business. A domiciliary account is an account that allows customers to hold and transact in foreign currencies like the US dollar, British ...
Chancellor Rachel Reeves says she is working to "deliver economic growth" - but the Lib Dems criticise her "misguided ...
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