Edition:
United Kingdom

Maiya Keidan

European funds post €706.2 billion trading loss in first half: Lipper

12:11pm BST

LONDON The coronavirus pandemic has hit European funds, which suffered trading losses of 706.4 billion euros ($835 billion) in the first six months of 2020, according to Refinitiv Lipper data released on Wednesday.

Sterling erases gains as lockdown concerns weigh; cbank eyed

04 Aug 2020

LONDON Sterling edged lower on Tuesday erasing earlier gains as the U.S. dollar moved briefly higher, while fears of a second wave of virus infections and a Bank of England policy meeting later this week capped the pound's advance.

UPDATE 2-Sterling holds near four-month highs as Brexit talks weigh

28 Jul 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Adds detail)

Activist fund TCI lodges complaint against Italy with European Commission over Atlantia

24 Jul 2020

LONDON/ROME Activist hedge fund TCI Fund Management said it has complained to the European Commission over "illegitimate expropriation" by the Italian government of Atlantia's motorways unit Autostrade per l'Italia.

UPDATE 2-Bullish markets lift pound to 6-week high, look past economy woes

21 Jul 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Updates prices, quotes)

Pound slips below $1.25 on disappointing growth data

14 Jul 2020

LONDON Sterling fell below $1.25 on Tuesday for the first time in a week and reached a 14-day low against the euro after data showed Britain's economy was recovering more slowly than forecast.

Pound at one-week low as GDP data show slow recovery

14 Jul 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv

Sterling rises to three-week highs on news of Brexit talks dinner

07 Jul 2020

LONDON Sterling rose to three-week highs on Tuesday, strengthening almost 1% against the euro, on optimism that British and EU trade negotiators could find common ground at a dinner planned for later in the day.

Sterling near three-week highs before government releases spending plans

07 Jul 2020

* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv

Sterling rebounds from data-driven losses in choppy month-end trading

30 Jun 2020

LONDON Sterling rebounded on Tuesday from early losses exacerbated by worse than expected UK GDP data, although analysts said its recovery was due to some end-of-quarter rebalancing rather than any improvement in sentiment.

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