Tag: Pound

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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.

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Sterling Climbs Above $1.40 to New Post-Brexit-Vote High

One of the key critiques used by legacy pro-European Union campaigners has been undermined today as Britain’s currency climbed back to pre-Brexit vote levels. Pound Sterling hit the $1.40 mark against the dollar today, before easing back one point. The currency

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China’s Largest Online Retailer Says Brexit Will Boost Trade

China’s largest online retailer plans to sell British goods to its 170 million customers and says Brexit will boost trade and exports because of a falling pound. “I know there are some people who are not happy with the result

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Reuters: UK Close to Deflation, But Don’t Worry

(Reuters) Deflation is close – but don’t worry. That was the message from Bank of England governor Mark Carney, as he explained why UK inflation is at its lowest level in nearly 15 years. Follow Breitbart London on Twitter @BreitbartLondon