The first upside barrier emerges in the 1.2500-1.2510 zone; the initial support level to watch is 1.2350.

Additionally, HMRC's approach to pursuing older debts is under scrutiny. To address this, HMRC plans to hire 5,000 more tax ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank ... UK as a global financial center. In a note to CI, Verdian said the update ...

The Bank of England (BoE) has published a blueprint of the digital pound, which is currently in the design stage ... The blueprint is the first of the bank’s “design notes” series, which aims to ...

Britain's government has said a digital pound would be private but not anonymous, unlike physical cash. As with existing bank accounts and credit card payments, authorities would be able to track ...

GBP/USD could lose ground as China is set to be hit with a 10% across-the-board tariff on Tuesday. Traders expect the BoE to deliver a 25 basis point rate cut on Thursday amid signs of slowing ...

The pound tumbled 0.7% against the dollar, sinking to $1.204, as the greenback strengthened following president Donald Trump’s decision to proceed with fresh tariffs. Trump's move to impose duties on ...

senior FX strategist at MUFG wrote in a note. Economists surveyed by Bloomberg forecast Britain’s consumer price growth was unchanged at 2.6% last month, above the Bank of England’s 2% target.

U.S. tariffs on China, or the EU will "put big appreciation pressure on the dollar, and currencies like the euro and sterling will probably fall for that reason. But that doesn't mean that the euro ...

The Bank of England plans ... the digital pound, financial systems, monetary frameworks, and societal considerations such as privacy. The bank plans to release design notes detailing its ...

London stocks were steady by midday on Tuesday as investors mulled the latest UK jobs data. The FTSE 100 was flat at 8,521.14 ...

Investing.com - The US dollar drifted lower Wednesday amid uncertainty over President Donald Trump's plans for tariffs, while ...