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.
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.
JD Wetherspoon (LSE: JDW) announced on Friday a strong performance for the financial year ended July 28, revealing a significant rebound in sales despite operating fewer pubs compared to pre-pandemic ...