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By United Capital Group Ltd
United Capital Group Ltd plans to move it's UK headquarters from Britain to Cyprus today over concerns about future trading concerns with the EU and also the potential tax issues related to hard Brexit
By Currency Solutions
Sterling dropped against the US Dollar as traders preferred to refrain from buying the British currency due to the political uncertainty in the UK.
By Currency Solutions
The Pound lost ground against the US Dollar and the Euro when data published by the Office for National Statistics (ONS) revealed that inflation in November stood at 3.1%, missing expectations for a 3.0% figure.
By Currency Solutions
Pound Slips despite Brexit Progress Friday's deal between British Prime Minister Theresa May and European Commission president Jean-Claude Juncker didn't help the Pound on Monday morning as the British currency lost ground against most of its major...
By Currency Solutions
The handshake between Theresa May and Jean-Claude Juncker in Brussels, early in the morning, paves the way for the start of the second round of Brexit negotiations.
By Currency Solutions
The Pound continues to suffer losses against most major currencies as the world awaits Theresa May and Arlene Foster's meeting to discuss ways to solve the Irish border problem.
By Currency Solutions
Pound Down after DUP Backlash The Pound slumped against most major currencies in the aftermath of Theresa May's failure to strike a deal with Jean-Claude Juncker, during yesterday's evening meeting.
By Currency Solutions
Sterling Slows Despite UK Manufacturing Surge The Pound fell against both the US Dollar and the Euro, despite the fact that the UK's manufacturing sector in November recorded a strong expansion.
By Currency Solutions
Pound Continues to Strengthen for a Second Day The Pound continued today to strengthen against the US Dollar and the Euro, boosted by yesterday's reports of a breakthrough on the issue of the Brexit bill.
By Currency Solutions
The Pound hit a nine-week high against the US Dollar and strengthened against the Euro when media reported that the British and the European Union (EU) side are very close to striking a deal over the Brexit bill.
By Currency Solutions
OBR's Pessimistic Forecast Overshadows Budget The British GDP increased in the third quarter of 2017 by 0.4%, on a quarter-to-quarter basis, according to data published by the Office for National Statistics (ONS).
By Currency Solutions
UK Budget Deficit Increases in October Chancellor Philip Hammond will be facing a difficult challenge presenting the budget tomorrow, as data released by the Office for National Statistics (ONS) showed that the UK's budget deficit unexpectedly increased..
By Currency Solutions
Inflation Bites Real Wages Salaries are growing in the UK, but real wages are shrinking as a result of high inflation.
By Currency Solutions
Sterling fell against the Euro and the US Dollar as UK's inflation remained stable at 3.0%, according to data released by the Office for National Statistics (ONS).
By Currency Solutions
Pound Falls as May Under Brexit Pressure Sterling had a bad day on Monday as UK political headlines indicated that Theresa May is facing a renewed crisis inside the Tory party.
By Currency Solutions
Sterling Consolidates Losses after BoE Disappoints Today, the Pound seemed to overcome the shock of losing 1.3% in value against the US Dollar in the aftermath of the Bank of England's (BoE) decision to raise borrowing costs.
By Currency Solutions
Sterling Rises on Hopes of Rate Hike Sterling kept gaining ground against the US Dollar and the Euro for a second day as investors and economists have turned their attention to Thursday's Bank of England (BoE) monetary policy meeting.
By Currency Solutions
UK Deficit to Increase by £20bn Sterling strengthened against both the US Dollar and the Euro, despite a report by the Institute for Fiscal Studies (IFS) which said that Chancellor Philip Hammond will face a £20bn black hole in the government's budget...
By Currency Solutions
Sterling recorded losses against the Euro and against the US Dollar, which hit a three-week low.
By Currency Solutions
Pound Rises in Expectations of Rate Hike The Pound rose against the US Dollar and the Euro as data released by the Office for National Statistics (ONS) showed that the British GDP grew more than anticipated in the third quarter of the year.
By Currency Solutions
Deputy BoE Dispels Hopes of Rate Hike The Pound dropped against the US Dollar and the Euro as Sir John Cunliffe, Bank of England (BoE) deputy governor, said that raising borrowing costs is "an open question." His comment watered down expectations for an..
By Currency Solutions
Sterling Rises On Catalonia Tension The Pound strengthened against the Euro as markets focused on the rising tension between the Spanish government in Madrid and the regional Catalonian government in Barcelona.
By Currency Solutions
The Pound tumbled against the US Dollar and the Euro after the Office for National Statistics (ONS) published September's UK retail sales data.
By Currency Solutions
Real wages are still getting squeezed in the UK, according to the latest data published by the Office for National Statistics (ONS).
By Currency Solutions
UK Inflation Hits 5-Year High UK inflation in September came in at 3.0%, according to data published by the Office for National Statistics (ONS), regarding the country's economic activity.
By Currency Solutions
UK Banks to Squeeze Consumer Credit The Pound edged up against the US Dollar and the Euro today.
By Currency Solutions
Pound Surges Against US Dollar The Pound surged against the US Dollar when the Office for National Statistics (ONS) published a report which showed that the UK's manufacturing and industrial production, in August, grew with a stronger pace than expected..
By Currency Solutions
Pound Rallies Ahead of May's Speech The Pound recovered some of the losses it suffered last week, even though the divisions in the government continue to cause significant political turmoil.
By Currency Solutions
Carney Speaks on BoE's 20th Anniversary The Bank of England (BoE) is on the spotlight today as it celebrates twenty years of independence. The Banks's Governor, Mark Carney, and Theresa May were the main speakers of the first day of the event.
By Currency Solutions
Will Sterling's Ten-Week High Last? Sterling is higher against the Euro due to the political turmoil in Germany: the shocking election results weakened Angela Merkel's position as the right-wing populist AfD came in third place.
By Currency Solutions
UK Public Finances Beat Expectations Chancellor Philip Hammond has a reason to smile today since the Office for National Statistics (ONS) released data, which showed that public sector borrowing in August was much less than expected by City analysts.

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