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The Latest Breaking News from British Pound

Dollar Rallies on Weakness in the Pound and Yen

The dollar index (DXY00 ) Wednesday rose by +0.34%. Weakness in the British pound underpinned the dollar Wednesday as GBP/USD fell to a 1-week low on better-than-expected UK inflation news. Also, the weakness in the yen Wednesday was positive for the dollar. Wednesday’s weaker-than-expected U.S. housing starts report limited the...

Barchart

Cocoa Prices Consolidate Below This Week's Highs

Sep ICE NY cocoa (CCU23 ) on Friday closed -3 (-0.09%), and Sep ICE London cocoa #7 (CAU23 ) closed -20 (-0.77%). Cocoa prices Friday closed moderately lower as they consolidated below this week's significant highs. Losses in London cocoa accelerated Friday after the British pound (^GBPUSD ) rallied to...

Barchart

Ark Zero Electric Quadricycle Is The UK's Cheapest EV At $7,650

The Ark Zero offers a claimed range on 50 miles, costs just one British Pound to recharge, and can only do 28 mph.

InsideEVs

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Expert issues warning over SNP's currency plans and EU membership

THE SNP’s policy of keeping the British pound after independence would make it “much harder” to join the European Union, a financial expert…

The National (Scotland)

Cocoa Prices Mixed on Dollar Strength and British Pound Weakness

July ICE NY cocoa (CCN23 ) on Thursday closed down -9 (-0.30%), and July ICE London cocoa #7 (CAK23 ) closed up +29 (+1.26%). Cocoa prices Thursday settled mixed. NY cocoa was under pressure Thursday from a stronger dollar as the dollar index (DXY00 ) rallied to a 1-3/4 month...

Barchart

Dollar Fades Early Gains as Stocks Rally

The dollar index (DXY00 ) on Friday fell by -0.16%. The dollar on Friday gave up an early advance and posted moderate losses. A sharp rally in stocks Friday curbed liquidity demand for the dollar. Also, strength in GBP/USD Friday weighed on the dollar after the British pound rallied to...

Barchart

Cocoa Prices Settle Mixed as British Pound Strength Weighs on London Cocoa

July ICE NY cocoa (CCN23 ) on Friday closed up +13 (+0.44%), and May ICE London cocoa #7 (CAK23 ) closed down -13 (-0.59%). Cocoa prices Friday settled mixed, with London cocoa falling to a 1-1/2 week low. A rally in the British pound (^GBPUSD) to a 10-1/2 month high...

Barchart

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Cocoa Prices Mixed on Tight Supplies and British Pound Strength

May ICE NY cocoa (CCK23 ) on Monday closed up +32 (+1.01%), and May ICE London cocoa #7 (CAK23 ) closed down -26 (-1.14%). Cocoa prices Monday settled mixed. Cocoa prices Monday found support on smaller cocoa supplies from the Ivory Coast after the Ivory Coast government reported that farmers...

Barchart

With another prime minister gone, what's next for an already diminished Britain?

LONDON — Double-digit inflation. A weakened British pound that's hovered at near-parity with the dollar. Soaring energy costs. The death of a revered monarch.

Los Angeles Times

Weak pound lures Thais to buy properties in London

The British pound, which was the lowest in 20 months against the baht, might draw more wealthy Thais to purchase London properties, according to property consultant Knight Frank Thailand.

Bangkok Post

British Pound's Relief Rally Pauses, U.S. Dollar Takes A Break

The central factor in the collapse of the British pound has been the steady strengthening of the U.S. dollar. Other factors certainly are part of the mix that took the pound relentlessly down in September, but it’s mostly a “this currency is better than that currency” situation, and it’s been…

Benzinga

Pound to dollar: Why is sterling so weak?

Currency tumbles again after Bank of England warned it is ending support package for pension funds on 14 October

The Independent UK

Pound to dollar: Why is the sterling so weak?

Currency tumbles again as Bank of England warned it is ending support package for pension funds on 14 October

The Independent UK

Pound to dollar: Why is the sterling so weak?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

The Independent UK

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ABC News

What's happening with the British pound and what does it mean for Australia's economy?

With the UK government fighting off fears of a recession, the British pound tumbled against the US dollar this week. Here's why stock markets are concerned and what it means for Australia.

Axios

British pound tanks as Liz Truss tax cut plan sinks in

It's the financial equivalent of a no-confidence vote.

Daily Mirror

Cheaper holidays for Brits as pound plummets including Turkey and Poland

Japan, South Korea, Argentina, Turkey, Poland, Sweden and Hungary may be good places for Brits to visit at the moment, as the British pound suffers a major devaluation

France 24

Sterling recovers after dramatic fall but remains at historic low

After statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered slightly on Tuesday morning but remained at its lowest level in decades against the dollar. All eyes will now be on the UK central bank's November meeting and a potential…

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The Independent UK

Pound to dollar: Why is the sterling so weak?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

The Independent UK

Pound stabilizes but turmoil continues for UK economy

The British pound has stabilized in Asian trading after plunging to a record low, as the Bank of England and the British government try to soothe markets nervous about a volatile U.K. economy

Al Jazeera

Why is the British pound tanking as the US dollar soars?

Sharp fluctuations of major currencies inject new uncertainty into fraught global economic outlook.

France 24

A mountain of debt and soaring inflation: Challenges await Italy's Meloni

At the head of a right-wing coalition, far-right Brothers of Italy leader Giorgia Meloni is gearing up to become Italy's new head of government. On the economic front, she'll be faced with rising consumer prices as well as the ongoing issue of national debt. Meloni has promised to renegotiate her…

The Independent UK

Why has the pound hit a record low?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

Al Jazeera

Tax-cut plan pulls British pound to 40-year low against US dollar

The pound trades against the dollar at levels last seen in the early 1980s as the UK struggles to fight inflation.

The Independent UK

Tax cut plans pull British pound to 4 decade lows

The British pound has resumed a slide that picked up pace last week after the U.K.’s new government outlined plans to cut taxes and boost spending

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