The pound has made a slight recovery this morning, trading at $1.3172, after suffering a sharp decline of over 1% yesterday.
Governor Bailey's comments triggered a 1% drop in the pound, suggesting faster rate cuts if inflation keeps falling.
FTSE 100 closed down 0.1% amid rising oil prices and geopolitical tensions, with Tesco and Marston's seeing notable gains.
PayPal has launched a feature for US merchants to buy, hold, and sell cryptocurrency, expanding its crypto services.
JD Sports reported 8.3% sales growth, led by North America, but remains cautious amid its recent acquisition of Hibbett store ...
The SEC has filed an appeal over the Ripple Labs ruling, challenging limits on its crypto regulatory authority.
FTSE 100 closed down 0.2% as BP and Shell fell; Rentokil surged on board changes while Flutter announced a buyback.
FTSE 100 closed down 0.2% as BP and Shell fell; Rentokil surged on board changes while Flutter announced a buyback. Miners lifted the FTSE 100 by 0.3%, while Card Factory dropped 18% due to profit ...
The FTSE 100 fell 0.2%, impacted by strong US jobs data dimming hopes for deeper Federal Reserve rate cuts.