Saudi wealth fund PIF set to issue sterling-denominated bonds
Official data from Saudi Arabia shows that the private sector non-oil growth was stable in May, with the Purchasing Managers’ Index slightly decreasing to 56.4 from 57 in April...
Tag : Sterling
The UK inflation rate surprise
Interest rates are a blunt tool to combat inflation, but they remain central banks' main tool...
Pound to rally on third parliamentary Brexit vote
The pound surged more than one per cent against both the dollar and euro on Wednesday as parliament voted overwhelmingly against leaving the UK without a transition agreement...
Sterling falls against dollar and euro amid fears of no-deal Brexit
Pound goes weaker as markets factor in chance of chaotic exit from EU...
Brexit: Sterling appears more vulnerable than any other major currency
Its value in foreign exchange markets is reliant on purchase of UK financial assets by overseas investors Don Smith October 27, 2016: Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s...
Top 10 most epic trades of all time
Every day, thousands of trades are conducted between traders around the world, but most of them will never be remembered TeleTrade July 21, 2015: Every day, thousands of trades are conducted between traders around the world, but – let’s face it – most of them will never be remembered. The trades that stay in history...
London secures £200 mn for extension to Northern Line
The UK’s first ever CPI-linked Sterling bond will contribute to the cost of the new project May 12, 2015: A £1billion infrastructure project that will link Battersea to the London Underground is another step closer due to a pioneering new method of financing agreed between the GLA and Lloyds Bank Commercial Banking. On May 11,...