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Pound Rises Further on UK Rates Outlook

LONDON (AP) — The pound has pushed above the $1.40 level as traders price in a growing likelihood of another interest rate increase in May from the Bank of England.

BRITAIN-ECONOMY-FOREX-POUND

New Five Pound Note Contains Animal Fat, Angering Vegans

The Bank of England has admitted that its new five pound notes contain tallow, an animal fat, and that they have no idea whether it contains pork products. So far more than 25,000 people have signed a petition demanding the

The Best Of London Stores Christmas Window Displays - 2014

Weak Pound Drives Strong UK Sales for Luxury Brand Burberry

LONDON – British luxury fashion label Burberry reported a better-than-expected two percent rise in retail sales in its second quarter after tourists in London took advantage of the weaker pound to buy its luxury goods. The company said positive trading in

Soros

Puppet Master Soros Losses Big Betting Against British People

George “Puppet Master” Soros, who tried to use fear tactics to create panic among UK investors and voters in the run-up to the Brexit vote, suffered big financial losses when the British people chose to “leave” the European Union last week.