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.
JD Sports reported 8.3% sales growth, led by North America, but remains cautious amid its recent acquisition of Hibbett store ...
PayPal has launched a feature for US merchants to buy, hold, and sell cryptocurrency, expanding its crypto services.
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 SEC has filed an appeal over the Ripple Labs ruling, challenging limits on its crypto regulatory authority.
The FTSE 100 fell 0.2%, impacted by strong US jobs data dimming hopes for deeper Federal Reserve rate cuts.