Pound Under Pressure Ahead of Rate Decision: What Investors Need to Know for Strategic Business Planning
Traders turn pessimistic on the pound as it hits lows, fearing the upcoming UK budget won't boost growth. Expectations of
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Traders turn pessimistic on the pound as it hits lows, fearing the upcoming UK budget won't boost growth. Expectations of
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British businesses are showing signs of recovery as the manufacturing sector improves and inflation pressures ease. The UK's Composite Purchasing
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UK government borrowing hit £83.8 billion ($113 billion) from April to August, the highest since the Covid pandemic. August deficit
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Britain's economy grew 0.3% in Q2, beating forecasts despite US tariffs and higher UK business tax. Growth was led by
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Britain's annual consumer price inflation rose to 3.6% in June, the highest since January 2024, dampening expectations for interest rate
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A record number of British businesses are under serious financial strain, with 632,756 firms flagged in "significant" distress from July
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