August 15, 2018

GBP Stagnant Despite Interest Rate Rise

The Bank of England raised UK interest rate by 0.25% on Thursday marking the second rise in less than a year. Despite political and economic uncertainty due to Brexit and the weak government the Bank of England followed to adopt the global trend and raise interest rates to 0.75%. The interest rate rise marks the […]
April 23, 2018
UK Sterling Pound, 5 pound bill

Sterling Tumbles as BOE Cools Appetite for May Interest Rate Rise

While many would have thought last week that Sterling was on a March back to pre-Brexit levels (GBP-USD), a run of dismal data has but put that ambition to bed, or at least on ice for the moment.