The pound has surged by 0.8 per cent against the US dollar, reaching levels not seen since late 2021. This remarkable rise has brought the exchange rate close to one
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RBC BlueBay Asset Management has sounded the alarm that the pound may be heading towards a period of volatility reminiscent of the turmoil witnessed under Liz Truss’s government in 2022.
Institutional investors are rapidly divesting from the pound in the lead-up to Chancellor Rachel Reeves’s spring statement, set to unveil significant fiscal policy changes. The abrupt shift comes as investors
The pound is expected to become one of the top-performing major currencies in 2024, according to leading American investment banks. Analysts predict that sterling will reach a four-year high of
