$GBP News
Last published 2w ago
- 2w agoUK10YGBPEURGBPBCS+2The UK cuts energy bills, taxes banks and boosts defense in high-stakes budgetCNBCThe U.K. budget cuts household energy costs, raises taxes on banks and directs billions toward defense, Ukraine and artificial intelligence
- 1y agoGBPUK economy expands by 0.5% in February, more than expectedCNBCU.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts.
- 1y agoGBPUK economy surprises with September contraction, grows just 0.1% in the third quarterCNBCThe U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.
- 2y agoGBPUK2Y-GBUK10Y-GBUK inflation falls sharply to 1.7%, below Bank of England's target for first time in over three yearsCNBCEconomists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank of England's 2% target since April 2021.
- 2y agoGBPUK economy returns to growth as Labour tees up all-important budgetCNBCThe U.K. economy returned to growth in August following two consecutive months of stagnation, providing a slight boost for the Labour government.
- 2y agoGBPBank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cutCNBCThe central bank's key interest rate is at a 16-year high of 5.25%, where it has stood since August 2023.
- 2y agoGBP@DX.1EURGBPUK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickinessCNBCEconomists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
- 2y agoGBP.DXYEURRecession-hit Britain swings to economic growth in January, helped by construction bounceCNBCThe U.K. economy entered a technical recession in the final quarter of last year.
- 3y agoGBPUK inflation rate slides to 7.9% in June, below expectationsCNBCU.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually.
- 3y agoGBPUK10Y-GBBank of England chief tempers talk of a pause or pivot in rate hikesCNBCThe Bank of England governor on Thursday talked down expectations that it is readying to pause or pivot rate hikes, noting that there is still some way to go in taming inflation.
- 4y agoGBPPro-Russian groups are raising funds in crypto to prop up military operations and evade U.S. sanctionsCNBCPro-Russian groups have raised $400,000 in cryptocurrency since the start of the Ukraine invasion to fund paramilitary operations and evade U.S. sanctions.
- 4y agoGBP.DXYBank of England raises rates by 50 basis points, in seventh consecutive hikeCNBC
- 4y ago.DXYGBPJPYEUR+2The U.S. dollar hasn't been this strong in two decades. And that's another problem for stocksCNBCThe dollar's stunning climb to multi-decade highs has put stocks on an unsteady footing that could continue until investors see a clear end game from the Fed.
- 4y agoGBP5 things to know before the stock market opens WednesdayCNBCHere are the most important news items that investors need to start their trading day.