British pound extends gains amid Brexit developments

2019-02-27

Sterling added to gains on Wednesday as investors focused on Brexit developments that left the British pound once again one of the best performers. The U.K. currency GBPUSD, +0.5207% defended its gains from the past sessions, as the possibility of a delay to the March 29 Brexit deadline is becomingRead More →

Brexit Brief: Big business to begin leaving Britain

2019-02-01

Around one in three British businesses will shift some of their operations away from U.K. — or have already done so — as part of their preparations for a disorderly Brexit. That is according to a survey from lobby group the Institute of Directors, which surveyed 1,200 of its membersRead More →

After historic Brexit defeat — what’s next?

2019-01-15

U.K. Prime Minister Theresa May’s Brexit deal was soundly rejected in Parliament on Tuesday, leaving the country in a state of uncertainty about not only the future of its planned exit from the European Union, but possibly also about who will lead the British government. Here’s what could happen followingRead More →

British pound climbs as likelihood of Brexit delay rises

2019-01-11

The British pound strengthened against the U.S. dollar and the euro on Friday after U.K. newspaper The Evening Standard reported that a delay to the March 29 Brexit was becoming increasingly likely. While the idea of a Brexit delay was refuted by Prime Minister Theresa May’s government earlier this week,Read More →