Bank of England to start unlimited bond purchases The Bank of England said today that it would buy as many long-dated government bonds as needed between now and October 14 to stabilise financial … Business • 21 hrs
Pound falls after Bank of England jumps into market Sterling tumbled against the dollar today before paring some losses after the Bank of England (BOE) said it would step in to prop up the … Business • 14 hrs
Bank of England launches government bond programme The Bank of England has said it will launch a temporary UK government bond-buying programme as an emergency move to stave off a "material risk … Business • 10 hrs
Falling pound pauses as investors await policy response Sterling steadied this morning but was perched above its record low only thanks to soaring yields on British debt and the hope of a response … Business • 27 Sep
A history of sterling's crises and crashes Sterling plunged to an all-time low early today as international investors reacted to plans laid out by the country's new prime minister and finance minister … Business • 26 Sep
BOE eyes market turmoil, 'will not hesitate' to act The Bank of England has said it would not hesitate to change interest rates and was monitoring markets "very closely" after the pound plunged to … Business • 26 Sep
Putin speech sends sterling to fresh 37-year low The pound touched a new 37-year low against the dollar today after Russian President Vladimir Putin's accusation of "nuclear blackmail" by the West boosted the … Business • 21 Sep
Pound at 37-year low on anniversary of Black Wednesday Sterling marked the 30th anniversary of "Black Wednesday" today by falling to a fresh 37-year low against the US dollar and a 19-month trough against … Business • 16 Sep
Sterling creeps higher despite downbeat data Sterling tiptoed up today despite data showing Britain's jobs boom is fading, as the employment report was overshadowed by weakness in the dollar ahead of … Business • 13 Sep
Central Bank currency exchange services still in place The Central Bank said today that it continues to exchange old Irish pound notes or coins for euro and has no plans to withdraw this … Business • 13 Sep
Sterling falls to weakest since early 2021 against euro Sterling fell to its lowest level since early 2021 against a robust euro today, while news that Britain's economy grew less than expected in July … Business • 12 Sep
Euro at 3-week high amid ECB interest rate signals The euro jumped to a more than three-week peak to the dollar today, and sterling rose to the highest this month as European Central Bank … Business • 12 Sep
Sterling takes advantage of falling dollar Sterling jumped against the dollar today, as most majors fought back against the greenback's recent strength, capping a volatile week in which the pound hit … Business • 09 Sep
Sterling returns to the 1980s - and may get cheaper Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends in a collapse … Business • 08 Sep
Dollar stomps on yen, sterling under heavy pressure The dollar was lord of all it surveyed today, hitting a fresh 24-year peak on the rate-sensitive yen and retesting multi year highs on the … Business • 07 Sep
Sterling climbs as Truss hints at energy relief Sterling rose today as media reports offered new details on how new British Prime Minister Liz Truss is planning to tackle Britain's growing energy crisis. Business • 06 Sep
Sterling near 2.5 year low as Truss to become new UK PM The pound was stuck near two and half year lows against the dollar today as Liz Truss was set to become Britain's next prime minister … Business • 05 Sep
Sterling set for worst month since 2016 against dollar Sterling is set for its worst month since late 2016 against the dollar and its worst versus the euro since mid-2021 as fears the British … Business • 31 Aug
Euro bounces back above parity as sentiment improves The euro rebounded back above parity with the dollar today as the US currency's recent rally ran out of steam and investors waited to see … Business • 25 Aug
Euro slips towards two-decade low on high gas prices The euro was within a whisker of a two-decade low today amid growing recession fears fuelled by a possible energy supply crunch. Business • 24 Aug
Euro falls to new two-decade low against the dollar The euro hit a fresh two-decade low today, dealt a fresh blow by renewed concern that an energy shock will keep inflation elevated and makes … Business • 23 Aug
Pound slips as Bank of England delivers big rate hike Sterling fell today after the Bank of England raised interest rates by the most in 27 years but warned that a long recession is on … Business • 04 Aug
Euro falls below dollar parity for 1st time since 2002 The euro dropped below parity against the dollar today for the first time in almost two decades, as a hawkish US Federal Reserve and growing … Business • 13 Jul
Euro trading at just off two-decade low A slight pullback in the dollar offered the euro some respite, allowing it to edge away from two-decade lows reached this week after surging energy … Business • 07 Jul
Sterling gains as Johnson announces resignation Sterling held on to its gains today after Boris Johnson said he was quitting as prime minister following a rush of ministerial resignations and calls … Business • 07 Jul
