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UK Economic Data - The Economic Indicators Shaping GBP/CAD
Midweek releases, including the UK’s PMI data, are predicted to showcase an economic upturn in Britain. A confirmation of these expectations might enhance sterling’s attractiveness. In contrast, a ...
UK government borrowing falls to £7.8bn in December, boosting Jeremy Hunt’s tax cut hopes – business live
Rolling coverage of the latest economic and financial news, as the latest UK public finances figures give Jeremy Hunt more headroom for tax cuts ...
Pound Canadian Dollar (GBP/CAD) Exchange Rate Strengthens Despite Simmering UK Recession Anxieties
The Pound Canadian Dollar (GBP/CAD) exchange rate strengthened on Monday, despite simmering anxieties over a UK technical recession. At the time of writing, GBP/CAD traded at around CA$1.7111, an ...
GBP/EUR Outlook: Pound Euro Exchange Rate Muted Amid UK Recession Fears
The Pound Euro (GBP/EUR) exchange rate traded sideways on Monday amid renewed concerns that the UK fell into a recession in the final quarter of 2023. At the time of writing the GBP/EUR exchange rate ...
UK economic prospects picking up but 'good chance' it slipped into recession at the end of 2023, say experts
The EY ITEM Club forecast the UK economy will grow 0.9 per cent in 2024, up from its 0.7 per cent forecast in the autumn ...