All the updated news related to currencies

All the news related to currencies updated in real time

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Personal Finance

Long-haul currencies popular as UK households book holidays abroad

Soaring sales of long-haul currencies have been seen by the Post Office, as UK holidaymakers gear up for overseas getaways. Sales of Mexican and Caribbean currencies have been surging in 2022, the Post Office’s holiday money report found. The ...

19 Mar 2022 at 01:25

Personal Finance

Holidaymakers taking more cash away on their trips, says Tesco Bank

Holidaymakers are taking more cash away with them than they did before the coronavirus pandemic, according to a bank. Average transaction values have risen by £56, from £288 pre-pandemic to £344, according to Tesco Bank’s internal data. The ...

14 Jul 2022 at 12:15

Government bonds and pound rally amid pressure for mini-budget U-turn

UK government bonds and the pound rallied amid speculation that Liz Truss’s Government could be forced to U-turn on its unfunded tax cut plans. Pressure on gilts – UK government bonds – also eased as the Bank of England sought to steady ...

13 Oct 2022 at 18:19

Pound weakens and government borrowing costs rise again after Truss speech

The pound has wiped out its gains from earlier in the day, falling in value against the US dollar following the Prime Minister’s speech at the Conservative Party conference. Sterling dipped by 1.4% to 1.1312 dollars shortly after Liz ...

05 Oct 2022 at 15:53

Government to push on with tax cuts as pound hits all-time low against dollar

Downing Street has signalled that it will push ahead with its massive package of tax cuts even as the pound plunged to an all-time low against the US dollar amid hammered market confidence in the Government’s economic plans. ...

26 Sept 2022 at 15:49

Pound falls to all-time low against US dollar amid fears over UK tax cut plans

The pound has plunged to an all-time low against the US dollar amid hammered market confidence in the Government’s economic plans after the Chancellor last week unveiled the biggest tax cuts in 50 years and signalled more ...

26 Sept 2022 at 12:10

City

Markets higher in London on global rally

Markets in London traded as usual on Friday, and saw shares and the pound trade higher. The London Stock Exchange confirmed that it planned to maintain normal opening hours after the death of the Queen, but would close ...

09 Sept 2022 at 18:24

City

London markets make gains as PM unveils huge energy support package

London’s top markets were all in the green on Thursday after the Prime Minister committed to spending billions of pounds on freezing energy bills for households across the UK. All indices on the London Stock Exchange ...

08 Sept 2022 at 18:29

City

Plunging pound precedes new PM but FTSE treads water

Liz Truss’s election as Prime Minister coincided with volatile European markets and the lowest pound against the dollar seen in decades, as the UK awaited its new leader. But while London’s top index suffered losses ...

05 Sept 2022 at 18:31

Sterling stays steady with Truss victory after earlier falling to 37-year low

The pound remained little changed after the victory of Liz Truss in the Conservative leadership election, but had regained some ground since its nearly four-decade low earlier in the day. Sterling initially gained ...

05 Sept 2022 at 15:28

Pound falls to 37-year low as markets await announcement of new Tory leader

The pound fell below its pandemic lows against the dollar on Monday morning after weeks of weakening, sending it to the lowest point in decades. It means that it has been 37 years since British holidaymakers in ...

05 Sept 2022 at 12:23

City

Pound tumbles further over intensifying economic fears

The pound continued its recent freefall amid continued worries over the UK’s economic outlook. Equity traders were unable to cheer the weakness in the currency as shaky economic figures from China and the ...

01 Sept 2022 at 18:36

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