Jordan Rochester

6 results

Expectations for the Bank of England’s next steps are not clear. Photograph: Will Oliver/EPA
Pound dips as Bank of England decision looms

A renewed slide in sterling and a rally in UK government bonds this week suggested that some investors are bracing for a cut to interest rates after t(...)

London’s blue-chip FTSE 100 hit its day low as sterling rallied after the ruling. Photograph: iStock
Sterling rallies, stocks slip on UK Supreme Court ruling
  • Markets
  • September 24, 2019, 09:46

Sterling extended gains on Tuesday while euro zone stocks tumbled after Britain’s Supreme Court ruled that prime minister Boris Johnson had acted unla(...)

Against the euro, the British currency weakened to 91.265 pence at one point, its lowest in nearly a week, trading last down by 0.5 per cent at 90.7 pence. Photograph: Simon Dawson/Bloomberg
Fears of disruptive no-deal Brexit drive down sterling

Sterling fell on Wednesday as concerns rose that the United Kingdom may be headed for a disruptive no-deal Brexit after prime minister Boris Johnson m(...)

Scattered one pound coins
Sterling at strongest level against euro in a month

Sterling traded around its strongest level in a month against the euro on Wednesday, as more weak economic data from the shared currency area put West(...)

British prime minister Theresa May at an EU summit focused on Brexit. Photograph: Emmanuel Dunand/AFP
Sterling recovers as Britain’s May gets ‘last chance’ for orderly Brexit

Britain’s pound gained as much as 0.7 per cent to 86.14 pence on Friday and while EU leaders gave Theresa May a two-week reprieve to decide how to lea(...)

UK prime minister Theresa May in Parliament after the vote on her Brexit deal. Photograph: Reuters
Sterling holds at two month high against euro after May defeat

World equity markets on Wednesday held their nerve after the heavy parliamentary defeat of British prime minister Theresa May’s Brexit deal as investo(...)