It came after the pound slid to a three-year low on Tuesday as investors braced themselves for a turbulent day in Westminster.
Sterling jumped 1% against the dollar on Wednesday to trade above $1.22 for the first time since Aug. 30, after British lawmakers seized control of the parliamentary timetable to try to block a no-deal Brexit.
Sterling rallies as PM’s grip on power slips.
Rachel Johnson reveals her suspicion that Boris Johnson's behaviour may down to pressure from investors who have invested billions in shorting the pound and the economy.
Labour Demands Probe Over Claims Financial Backers Of Boris Johnson Stand To Profit From A No-Deal Brexit
28/09/2019
It comes after a searing article by former chancellor Philip Hammond about the PM.
‘They are shorting the pound and the country’ warns Nick Macpherson of Boris Johnson’s hedge fund supporters.
Pharmaceutical industry leaders want a temporary ban on drugs exports to prevent the NHS being hit by shortages in the event of a no-deal Brexit.
The UK government has announced a ban on some drug exports to protect NHS patients' access to medicines.
The UK economy is 2.9 per cent smaller than it would be ... model also shows that the biggest victim of the Brexit vote has been business investment, while the weaker pound has failed to foster the big gains in exports that some Brexiters hoped for.
Millions of apples left to rot in UK as Brexit uncertainty worsens EU fruit picker shortage
21/10/2019
‘The level of food waste is morally reprehensible,’ says National Farmers’ Union chair.
Retirees suffer ‘real hardship’ and fear Brexit will impoverish them further, says Jeremy Morgan QC
New research carried out by Tourism Ireland has found that a growing number of people in Britain are booking their holidays later and will take fewer short breaks than normal in the next 12 months because of Brexit.
From the outside, nothing much has changed yet. From the inside, however, the UK has undergone a radical and at times ugly transformation. The June 2016 referendum has helped set off a chain of events that has impacted many aspects of life in the country.
How has the Leave vote affected the UK economy, ask Swati Dhingra and Thomas Sampson (LSE) in this second of two blogs based on the CEP Election Analysis briefing on Brexit.
Sterling has lost two cents against both the euro and dollar amid City fears of no deal.
Currency has dropped 1.5% over past two trading days, and has flirted around the $1.30 mark
The increases would come from hefty tariffs on imports and the cost of increased border checks on food coming into the country.
Fake news handed Brexiteers the referendum – and now they have no idea what they're doing
18/01/2017
'Would we have won without immigration? No. Would we have won without...the NHS? All our research and the close result strongly suggests no. Would we have won by spending our time talking about trade and the single market? No way'
‘We believe sterling is in the process of evolving into a currency that resembles the underlying reality of the British economy: small and shrinking,’ say Bank of America currency analysts
The pound is already under pressure from fears that Britain will fail to clinch a trade deal with the European Union by the end-2020 deadline.
Pound drops as UK-EU trade deal slips away
22/08/2020
The pound slid today after EU’s chief negotiator, Michel Barnier, warned that a trade deal between the EU and UK was slipping away.
The pound rebounded from a one-week low after the U.K. signaled it will continue Brexit trade talks beyond Prime Minister Boris Johnson’s Oct. 15 deadline.