CurrenciesWhy is the British pound rising against the US dollar?April 17, 202381Living in the UK, you’d be forgiven for feeling woeful about the country’s economy. Soaring inflation, which reached 10.4% in...
EconomyEU wields anti-coercion instrument to defend against ChinaMarch 29, 202345The European Union knows all too well what it means to be the target of economic coercion. Russia’s move to...
EconomyUK budget day to coincide with nationwide workers’ strikeMarch 14, 202351UK Chancellor Jeremy Hunt will announce his spring budget on Wednesday (March 15), delivering a speech amid a week of...
CurrenciesWhy is Kenya running out of US dollars?March 7, 202384Kenya is facing an acute foreign exchange crunch, with US dollar reserves dropping to their lowest in eight years as...
CurrenciesHere’s where the strong dollar is making luxury goods cheaperNovember 9, 202295Shoppers who buy a mid-length Kensington trench from Burberry in the UK will pay 1,790 GBP or $2,052. The same...
CurrenciesWhen was the last time the pound crashed? A brief historySeptember 27, 202231The last time the British pound flirted with dollar parity, Margaret Thatcher was prime minister.Over the past four decades, the...
CurrenciesAs central banks debate digital currencies, the UK protects cashSeptember 1, 202148As society accelerates into its digital future, the UK is taking steps to protect the centuries-old technology known as paper...
CurrenciesThe UK pound is one of world’s best-performing currencies in 2019March 20, 201949Exactly 1,000 days ago, the UK voted to leave the European Union. Today, less than 10 days to go until...