All the updated news related to sterling

All the news related to sterling updated in real time

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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 Truss told the ...

05 Oct 2022 at 15:53

Volatility of sterling disrupts winter sun holiday planning – survey

The sterling’s volatility is affecting the plans of millions of people planning winter sun holidays, a new survey has suggested. The plans of 59% of UK adults previously considering booking a foreign holiday have been affected by the pound’s ...

08 Oct 2022 at 01:01

Pound hits two-week high as Chancellor ‘brings forward debt plan and forecast’

The pound has rallied to a two-week high after reports that the Chancellor would bring forward his debt plan and economic forecast. Sterling edged above 1.14 US dollars on Tuesday morning as Kwasi Kwarteng promised to release the highly ...

04 Oct 2022 at 14:01

Football

Gareth Southgate should not shoulder blame for England’s dip – Raheem Sterling

Raheem Sterling believes England’s players must shoulder the blame for the recent run of poor results, labelling criticism of manager Gareth Southgate as “unfair”. England face Germany on Monday night in their final game before the ...

25 Sept 2022 at 18:03

Football

Raheem Sterling reflects on past ‘dread’ of international duty with England

Raheem Sterling is in the unique position of being able to empathise with Gareth Southgate after the England manager was jeered by his own fans, recalling a time he “dreaded” international duty having suffered similar treatment. ...

25 Sept 2022 at 23:45

The pound has hit a record low – What will it mean for Britons?

Sterling plunged to a record low against the US dollar early on Monday morning after a raft of tax cuts announced by the Chancellor and higher interest rates knocked international confidence in the currency. It fell by more ...

26 Sept 2022 at 10:09

Sinking value of the pound ‘adds £5 to tank of petrol’

Drivers are paying an extra £5 for a tank of petrol due to the fall in the value of the pound, according to new analysis. Pump price savings from the cost of oil dropping back to where it was before Russia invaded Ukraine ...

24 Sept 2022 at 01:01

City

FTSE steady after Friday’s sell-off despite record-low pound

The pound hit headlines again on Monday after plummeting to a record low against the dollar overnight, sending shockwaves across the economy, but London’s leading index remained fairly unchanged. Sterling hit its lowest ...

26 Sept 2022 at 19:06

City

European markets upbeat as UK economy grows

There were glimmers of hope on Friday as official figures showed that the UK economy grew in the latest quarter, contrary to previous forecasts that it had shrunk. Gross domestic product (GDP) grew by 0.2% over the ...

30 Sept 2022 at 18:32

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 ...

26 Sept 2022 at 12:10

Local News

Warning: Paper sterling £20 & £50 notes are no longer legal tender

Donegal people who have paper sterling in their possession or have it saved somewhere have been warned that the Bank of England has withdrawn the legal tender status of paper £20 and £50 banknotes as of ...

01 Oct 2022 at 11:33

Local News

Warning: Paper sterling £20 & £50 notes are no longer legal tender

01 Oct 2022 at 11:33

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