Edition:
United Kingdom

Jemima Kelly

23 Mar 2017

Ireland warns against post-Brexit 'race to bottom' for banks

LONDON Financial firms must not base a decision to move from London after Brexit on expectations of being less heavily regulated, a senior Irish regulator said on Thursday.

22 Mar 2017

'Terrorist incident' in London causes only brief fall for sterling

LONDON Sterling fell only briefly on Wednesday after an assailant stabbed a policeman and was shot by police just outside Britain's parliament building in London in what police described as a "terrorist incident".

21 Mar 2017

Sterling surges close to $1.25 after UK inflation jumps

LONDON Sterling surged more than 1 percent on Tuesday to its highest level in over three weeks, as some investors bet that rapidly accelerating inflation would push the Bank of England to raise interest rates sooner than expected.

21 Mar 2017

Sterling slips after as date is set for Brexit trigger

LONDON Sterling fell from a three-week high against the dollar on Monday, on the news Prime Minister Theresa May will trigger Britain's divorce proceedings with the European Union on March 29, launching two years of negotiations. | Video

20 Mar 2017

Bitcoin steadies after biggest three-day tumble in over two years

LONDON Bitcoin regained its footing on Monday, having suffered its heftiest falls since early 2015 between Thursday and Saturday as investors sold the digital currency on worries about its future.

17 Mar 2017

Sterling hits two-week high on BoE lifeline

LONDON The pound hit a two-week high against the dollar on Friday, drawing confidence from signs that some at the Bank of England may be leaning toward a rise in interest rates to support the currency.

16 Mar 2017

Currency investors tread gingerly on SNB 'soft floor'

LONDON With the Swiss National Bank's foreign currency reserves at record highs, investors are growing anxious about its ability to keep the Swiss franc from appreciating further against the euro, amid heightened political risk in Europe.

15 Mar 2017

Battered pound bounces back from 2-month low

LONDON Britain's battered pound recovered half a percent against the dollar on Wednesday, propped up by corporate demand as investors looked for bargains after it hit two-month lows the previous day.

09 Mar 2017

Sterling slips to seven-week low as investors brush off budget

LONDON Sterling slipped to a seven-week low on Thursday, as investors brushed off the Chancellor's budget statement the previous day as largely a "non-event" that would do little to boost growth in Britain as it prepares to leave the European Union.

08 Mar 2017

Euro/Swiss franc volatility jumps on uncertainty around French election

LONDON The cost of hedging against big price moves in the safe-haven Swiss franc versus the euro in the coming two months hit its highest since November on Wednesday, on worries far-right leader Marine Le Pen could win France's presidential election.

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