Tag: UK economy
Pound Faces Downward Pressure as Economic Growth Declines in London – London Business News
The British pound is currently facing downward pressure, especially against the U.S. dollar, which is having a strong week. The Federal Reserve's cautious approach to monetary policy and Chair Powell's positive remarks about the...
Sterling Risks: Bank of England Rate Cut Concerns – London Business Updates
The British pound saw some stability on Friday, following a rebound on Thursday, but concerns about a potential Bank of England rate cut remained. The pound remained close to recent lows as investors monitored...