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Investors are nervous that Johnson is taking a hard line in the trade talks with the EU

Sterling headed for worst week since December election

Sterling was headed for its worst week since the British election as investors priced in the risk of Britain not being able to agree on a trade deal with the European Union in the 11 months left of the Brexit transition period.

Business • 07 Feb 20

Sterling boosted by strong UK economic data today

Sterling buoyed by strong UK services PMI

A strong final reading of the UK services PMI for January briefly injected some strength into sterling today.

Business • 05 Feb 20

Boris Johnson has said that Britain will not adhere to the European Union's rules and regulations

Pound hit by Brexit fears after Johnson's tough talk

Sterling fell by around 1.2% today after Prime Minister Boris Johnson set out tough terms for Brexit talks with the European Union.

Business • 03 Feb 20

Against the euro, the British currency rose 0.2% to 83.88 pence

Pound set for biggest weekly gain in a month

Sterling extended its rally today for a second consecutive day following the Bank of England's decision to keep interest rates steady on signs of a post-election pick-up in growth.

Business • 31 Jan 20

There is scope for further swings in the pound as the EU and UK enter the next phase of negotiations on a future trading arrangement

Sterling steady ahead of Brexit day

As Britain prepares to leave the EU later this week, sterling has held relatively steady against the euro.

Business • 28 Jan 20

Traders focusing on key Bank of England rates meeting on Thursday

Sterling steady ahead of Bank of England rate decision

Sterling was broadly steady today ahead of a key Bank of England interest rate decision later this week that many analysts see as too close to call.

Business • 27 Jan 20

Sterling falls after UK finance minister Javid said Britain would not commit to sticking to EU rules in post-Brexit trade talks

Sterling falls as Javid comments stoke hard Brexit fear

The pound fell today after comments by UK finance minister Sajid Javid stoked fears about weak ties between the UK and the European Union following the country's departure from the bloc.

Business • 20 Jan 20

The UK economy in November was just 0.6% larger than a year before, the weakest expansion since June 2012

UK annual economic growth slows to weakest since 2012

The UK economy grew at its weakest annual pace in over seven years in November, after output fell sharply that month, though a stronger performance in previous months brightened the picture slightly.

Business • 13 Jan 20

Another Bank of England policymaker has said he would vote for an interest rate cut unless economic data improved significantly

Pound down as slowing growth ups rate cut speculation

Sterling extended losses today, slipping further below $1.30, after data showed Britain's economy grew at its weakest annual pace in more than seven years in November.

Business • 13 Jan 20

Analysts say the pound is now being kept weak due to uncertainty around Britain's future trade relationship with the EU

Sterling holds near two-week lows

The pound edged down against the dollar today, holding near two-week lows hit after outgoing Bank of England Governor Mark Carney signalled a possible rate cut a day earlier.

Business • 10 Jan 20

Sterling continues to move further away from a two-week high of $1.3284 hit on December 17

Pound erases early gains as Brexit concerns resurface

The pound erased earlier gains today as investors refocused their attention towards Brexit talks and a European Central Bank policymaker said Britain could crash out of the EU without a deal in place by the end of 2020.

Business • 08 Jan 20

Expectations that Britain will finally leave the EU this month has ended uncertainty about its position and lifted sterling

Sterling lower as dollar gains & UK awaits Brexit vote

Sterling fell today with investors watching British politicians return to parliament after the Christmas recess in preparation to vote on Prime Minister Boris Johnson's European Union withdrawal deal.

Business • 07 Jan 20

The Purchasing Managers Index survey for Britain's services for December came in with a final reading of 50

Sterling soars, helped by business surveys, weak dollar

Sterling rebounded today as investors who had sold the currency for safe havens after the US assassinated an Iranian general returned to the pound.

Business • 06 Jan 20

The UK has a year to strike a trade deal

Sterling sags as investors re-focus on a no-deal Brexit

The pound was weaker on Thursday as the euphoria of December's election gave way to anxiety over the risk of a no-deal Brexit at the end of 2020.

Business • 02 Jan 20

The euro and sterling rose today, while the dollar took a dip

Euro gains and sterling shines on growth hopes

The euro, the pound and some trade-sensitive currencies rallied as the dollar slid to a six-month low today.

Business • 31 Dec 19

Concerns over the UK government's hard line on Brexit talks hits sterling

Sterling falls to 3 week low against dollar and euro

Lingering Brexit concerns have left sterling hamstrung on,boosting firms with a larger international exposure such as Shell, Unilever and Diageo, which lent further support to the main index.

Business • 23 Dec 19

Sterling slipped below $1.30 in overnight trading, the first time it did so in a fortnight

Sterling rises after bruising week of losses

The pound rose 0.4% today after three days of declines, trading close to its biggest weekly loss since 2017.

Business • 20 Dec 19

Sterling had surged to above $1.35 last week on the back of the Conservative Party's win in the UK general election

Sterling falls to two-week lows on new Brexit worries

Sterling hit two week lows after giving up all its post-election gains on fears that Britain may still leave the European Union without a trade deal at the end of next year.

Business • 19 Dec 19

Sterling has collapsed more than 3% since it peaked at an 18-month high of $1.3516 last week

Reality bites pound as Brexit fears return

Sterling fell 0.2% today as traders assessed the risk of a hard Brexit at the end of the year, with political news expected to take precedence over economic data.

Business • 18 Dec 19

Sterling today erased its post-election gains, after news that Prime Minister Boris Johnson planned to take a hard line in Brexit talks with the European Union

Sterling falls as no-deal Brexit fears re-emerge

Sterling tumbled today, erasing its post-election gains, after news that Prime Minister Boris Johnson planned to take a hard line in Brexit talks with the European Union dashed hopes of an end to Brexit uncertainty.

Business • 17 Dec 19

Sterling boosted by 'get Brexit done' vow

Weak economic data does not hurt election-happy pound

The pound rose 0.3% today, still boosted by last week's general election victory for Boris Johnson's pro-Brexit Conservative party, even in the face of weak PMI data.

Business • 16 Dec 19

The election triumph by Boris Johnson's Conservatives will likely bring on a stimulus kick-start for the UK economy after years of punishing austerity

After Tory win, now what for UK economy?

The election triumph by Prime Minister Boris Johnson's Conservatives will likely bring on Brexit and a stimulus kick-start for the British economy after years of punishing austerity.

Business • 13 Dec 19

Boris Johnson's Conservative Party win pushes sterling more than 2% higher

Pound soars as Johnson scores landslide election win

Sterling was well supported today after rising overnight to above $1.35 as investors rushed to unwind bets on a weaker pound after a resounding election victory by Prime Minister Boris Johnson's Conservative Party.