News Search & Analytics
US Edition
Minimum 3 characters required!!

Pound drops to lowest level since October after ‘Hard Brexit’ suggestion

Mon Jan 09 02:12:53 EST 2017 | Metro.co.uk
If seems even the merest suggestion that Britain might ‘Hard Brexit is enough to send the pound tumbling back down to the miserable lows we saw last Autumn. Today the pound fell to its lowest level against the US dollar since October 25 at just over $1.21. And it also fell against the euro at just over €1.15 At its current level, the pound is about 19% lower than its level before the referendum result was announced. And it has continued to be volatile with little known about what deal ..

Advertisement


If seems even the merest suggestion that Britain might ‘Hard Brexit is enough to send the pound tumbling back down to the miserable lows we saw last Autumn. Today the pound fell to..
LONDON Prime Minister Theresa May said on Monday it was wrong to say a "hard Brexit" was inevitable, after sterling fell to a 10-week low following comments interpreted as a signal..
LONDON British Prime Minister Theresa May said on Monday it was wrong to say she was talking about a "hard Brexit", after the pound fell to two-month lows following an interview sh..
LONDON British Prime Minister Theresa May said on Sunday she would set out her strategy, including how she will try to get the right Brexit deal, over the coming weeks, denying sug..
LONDON A clean break with the EU's single market is not inevitable, British Prime Minister Theresa May said on Monday, seeking to clarify comments that pushed down the pound on the..
Britain's Prime Minister Theresa May, left, is interviewed by Sophy Ridge for a television channel, in London, Sunday Jan. 8, 2017. May said Sunday she will announce details of Bri..
BERLIN (AP) — German Chancellor Angela Merkel is warning Britain anew that its access to the European Union's single market would be limited if it restricts the immigration of EU n..
LONDON British celebrity chef Jamie Oliver's eponymous group of Italian restaurants said on Friday it would close six of its UK eateries, citing pressures and uncertainty after the..
LONDON Sterling was on track for its biggest daily losses in three months on Monday, sliding over 1 percent to a 10-week low to the dollar after Prime Minister Theresa May said she..
LONDON Sterling was on track for its biggest daily losses in three months on Monday, sliding around 1 percent to a 10-week low to the dollar after Prime Minister Theresa May said s..
LONDON Banks with large London operations say they will step up lobbying European officials because they are running out of arguments to convince the British government the industr..
BELFAST The potential suspension of Northern Ireland's regional assembly could force Britain to delay its exit talks from the European Union if London's Supreme Court rules Belfast..
Last night, Donald Trump took to Twitter to say he “[looks] very much forward to to meeting Prime Minister Theresa May in Washington in the Spring.” It appears, however, ..
British Prime Minister Theresa May on Sunday criticized President-elect for the lewd comments he was heard making about women in a 2005 tape that surfaced last year. "I think that'..
LONDON A leading donor to Theresa May's Conservative Party warned on Saturday he would cut his financial support if the government pulled Britain out of the European single market ..
A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008. REUTERS/Toby Melville/File Photo LONDON The ..
A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008. REUTERS/Toby Melville/File Photo LONDON The ..
REYKJAVIK Iceland's center-right Independence, Reform and Bright Future parties have agreed to form a coalition government and will give parliament a vote on whether to hold a refe..
LONDON Messaging app Snapchat said it would make London the home of its international operations, delivering another vote of confidence in Britain's tech standing as the country pr..
LONDON Britain's main opposition Labour Party will say for the first time on Tuesday it is not wedded to freedom of movement with the European Union, an attempt to win back million..
LONDON Bank of England Governor Mark Carney said Britain's planned departure from the European Union poses more short-term risks for the financial system in continental Europe than..
LONDON British Prime Minister Theresa May said on Sunday she would set out her strategy for Brexit over the coming weeks, denying suggestions she was "muddled" in the pursuit of wh..
LONDON Tens of thousands of jobs in Britain's financial services sector could be lost if euro clearing shifts to continental Europe and full access to the bloc's single market is l..
LONDON Britain's finance industry has given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would pot..
Britain’s Prime Minister Theresa May, left, is interviewed by Sophy Ridge for a television channel, in London, Sunday Jan. 8, 2017. May said Sunday she will announce details of Bri..
Britain's Prime Minister Theresa May, left, is interviewed by Sophy Ridge for a television channel, in London, Sunday Jan. 8, 2017. May said Sunday she will announce details of Bri..
Governor of the Bank of England Mark Carney hosts a Financial Stability Report press conference at the Bank of England in central London, Britain on November 30, 2016. REUTERS/Just..
REYKJAVIK Iceland's centre-right Independence, Reform and Bright Future parties agreed on Tuesday to form a coalition government after a two-month impasse and said they would ask p..
The British pound tumbled to lows not seen since October on Monday, triggered by fresh worries of a “hard Brexit.” British Prime Minister Theresa May denied that the government’s a..
The British pound, triggered by fresh worries of a “hard Brexit,” tumbled to lows not seen since October on Monday. British Prime Minister Theresa May denied that the government’s ..
Prime Minister Theresa May used her first interview of the New Year with Sky News to fend off criticisms of her government for having no plan over how to leave the European Union (..
LONDON —  Britain is considering charging employers 1,000 pounds ($1,200) a year for every skilled worker they recruit from the European Union after the U.K. leaves the bloc, ..
BERLIN –  German Chancellor Angela Merkel is warning Britain anew that its access to the European Union's single market would be limited if it restricts the immigration of EU ..
LONDON Sterling recovered from a slide to two-month lows against both the dollar and euro to end marginally higher on Tuesday as a week of worry about Britain's plans to leave the ..
* Gilts pull down major govt bond yields in Europe and U.S. * Germany's yield falls after touching three-week high * Upbeat German data, U.S. payrolls weigh on bond sentiment * Upc..