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United Kingdom

UK Pound Report Headlines

Sterling dips after BoE's Shafik flags rate cut possibility

LONDON, Sept 28 Sterling dipped on Wednesday after a Bank of England policymaker said she expected the central bank would "at some point" need to add more monetary stimulus to Britain's economy to cushion the blow dealt by Brexit.

Sterling dips after BoE's Shafik says expects more stimulus

LONDON, Sept 28 Sterling dipped back below $1.30 on Wednesday after a Bank of England policymaker said she expected the central bank would "at some point" need to add more monetary stimulus to Britain's economy to cushion the blow dealt by Brexit.

Sterling bounces back above $1.30

LONDON, Sept 28 Sterling traded back above $1.30 on Wednesday, staying clear of a six-week low hit earlier in the week, after the head of the Bank of England mande upbeat comments about the long-term prospects for the UK economy.

"Hard Brexit" worries pin sterling near six-week lows

LONDON, Sept 27 Three months after Britain's vote to leave the European Union, fears in currency markets of a "hard Brexit" that would drive an exodus of banks from London have knocked sterling to within sight of its weakest levels in decades.

"Hard Brexit" worries pin sterling near six-week lows

LONDON, Sept 27 Three months after Britain's vote to leave the European Union, fears in currency markets of a "hard Brexit" that would drive an exodus of banks from London have knocked sterling to within sight of its weakest levels in decades.

Brexit worries nag sterling after drop to six-week low

LONDON, Sept 27 Fear of a "hard" Brexit that would see Britain lose access to Europe's single market and erect tough barriers to immigration and trade kept sterling under pressure below $1.30 on Tuesday in a week short of an alternative domestic focus for markets.

Brexit worries keep sterling near 5-week low

LONDON, Sept 26 Sterling was weaker on Monday, trading near a five-week low, as lingering worries over Britain's exit from the European Union drove investors to sell the currency that has steadily lost ground in the past three straight weeks.

UPDATE 1-Brexit worries knock sterling to 5-week low

LONDON, Sept 23 Sterling skidded over 1 percent to hit a five-week low close to $1.29 on Friday after three straight weeks of losses, as worries over Britain's exit from the European Union kept pressure on the currency.

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