Pound makes biggest monthly gain against dollar since 2009

Pound clocks up its biggest monthly gain against dollar for more than a decade By Daily Mail City & Finance Reporter Published: 21:57 BST, 31 July 2020 | Updated: 22:16 BST, 31 July 2020 The pound has clocked up its biggest monthly gain against the dollar for more than a decade.  Sterling jumped as high … Read more

Weak pound will make holiday hotspots more expensive

Weak pound will make holiday hotspots more expensive as Britons now get £42 less for every £500 they exchange for euros compared to before lockdown UK’s struggle with coronavirus and Brexit uncertainty has weakened the pound The value of the pound peaked in February amid snowballing confidence The coronavirus pandemic saw the pound fall by … Read more

FTSE LIVE: Pound steady as May and Corbyn hold Brexit talks

FTSE CLOSE: Pound edges up as May lines up Brexit meetings with Merkel and Macron; Boardroom battle at Barclays; Ashley lashes out at Debenhams bosses By This Is Money Published: 08:24 BST, 8 April 2019 | Updated: 17:07 BST, 8 April 2019 The FTSE 100 closed up 5.02 points at 7451.89 and the pound was … Read more

Ryanair accused of avoiding multi-million pound refund bill with plans to put on 1,000 daily flights

Ryanair is accused of trying to avoiding multi-million pound refunds bill by announcing plans to operate 1,000 flights a day over the summer Ryanair announced they will be operating 1,000 flights a day this summer     The budget carrier airline plans to restore 40 per cent of its flights from July 1  It has therefore been … Read more

ELECTION MARKETS LIVE: Pound leaps with shares tipped to rise

ELECTION MARKETS CLOSE: Pound at $1.33 and shares leap as Tories win big majority and investors chase the Boris bounce By This Is Money Published: 07:14 BST, 13 December 2019 | Updated: 17:13 BST, 13 December 2019 The FTSE 100 closed up 79.97 points at 7353.44 and the pound was at $1.33 against the dollar, … Read more

Labour Party could be ‘bankrupted’ by multi-million pound lawsuits

Labour Party could be ‘bankrupted’ by multi-million pound lawsuits over a leaked antisemitism report Sources close to whistleblowers and complainants whose identities were revealed by the leak say Labour could face a legal bill as high as £8million  An 860-page internal report into its handling of antisemitism complaints under Jeremy Corbyn’s leadership was leaked  The … Read more

At least six people killed as Easter storms and tornadoes pound the Deep South

Strong storms pounded the Deep South on Sunday, killing at least six people in south Mississippi and damaging up to 300 homes and other buildings in northern Louisiana. Mississippi Emergency Management Agency director Greg Michel said one person killed was in Walthall County, two were killed in Lawrence County and three were killed in Jefferson … Read more

How politicians on both sides of the Atlantic helped the pound to climb back from its 35-year low

The pound has bounced back strongly from lows of $1.15 less than two weeks ago to around $1.24 at the time of writing, and from €1.06 to €1.14. Moves of this size in either direction are rare and take a particular set of circumstances to be in place for them to occur. In this instance, … Read more