Tuesday, 6th December 2022
<To guardian.ng
Search
Breaking News:

Pound

24 Oct
Global stocks and the pound climbed Monday as markets reacted to the news that former finance minister Rishi Sunak would become Britain's new prime minister.
21 Oct
Global stocks wavered on Friday on renewed concerns about rising interest rates while the British pound slumped over the UK's political drama.
17 Oct
The pound jumped more than one percent against the dollar Monday as Britain's fourth finance minister in as many months prepared to update on UK tax and spending plans that spooked markets in recent weeks.
14 Oct
The pound plunged against the dollar Friday on the sacking of finance minister Kwasi Kwarteng in response to a budget that sparked markets chaos.
12 Oct
The pound rallied and UK government bond yields rose Wednesday, with the Bank of England accused of fuelling market uncertainty.
29 Sep
The British pound sank Thursday by more than one percent against the dollar after the Bank of England intervened on the bond markets to head off a fresh financial catastrophe.
27 Sep
The dollar weakened slightly against major rivals Tuesday, helping the pound to rebound from a record low, while equity markets stabilised after recent volatility. The world is heading towards a global recession as multiple crises collide, World Trade Organization's chief Ngozi Okonjo-Iweala told the global trade body's annual public forum in Geneva. Recession prospects have…
26 Sep
The government of new British Prime Minister Liz Truss on Monday came under pressure after the pound hit a record low against the dollar following last week's huge tax-cutting budget.
26 Sep
The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled a huge tax-cutting budget.
16 Sep
Stock markets mostly slumped Friday, while the British pound tanked to a 37-year dollar low as weak UK retail sales stoked global recession fears.
5 May
The pound tumbled after the Bank of England raised interest rates by just a quarter of a percentage point despite surging inflation, while oil prices jumped after OPEC+ only modestly hiked production.
22 Apr
The pound slumped more than one percent against the dollar Friday after official data showed tumbling retail sales as Britons grapple with a cost-of-living crisis.

Latest

4 hours ago
The Director, Strategic Communications, of the National Election Management Committee of the Peoples Democratic Party, Dele Momodu, chided the All Progressives Congress on Tuesday for "window-dressing" its presidential candidate, Bola Tinubu, during what he called the former Lagos governor's less than impressive engagement with his audience at Chatham House, United Kingdom, on Monday. Tinubu’s performance…
4 hours ago
The Senate Deputy President and Delta APC governorship candidate, Senator Ovie Omo-Agege, has said that there is nothing that looks like the ₦3.5 trillion that Governor Ifeanyi Okowa has received from various sources in the past seven and a half years. Omo-Agege made the remark while continuing his ward-to-ward campaign in the Ukwuani local government…
4 hours ago
Sergio Busquets said Spain's 3-0 defeat on penalties by Morocco was a "cruel" way to decide the World Cup last-16 clash on Tuesday, after the teams drew 0-0.
6 hours ago
The South East spokesman of Bola Ahmed Tinubu Presidential Campaign Council, Dr. Josef Onoh has said that the much-touted delegation of subordinates by Tinubu to speak at the Chatham House, United Kingdom lecture, was a creative license extended by Asiwaju to empower his team for works ahead after electoral victory. He recalled that, unlike the…
6 hours ago
Cristiano Ronaldo will aim to fire Portugal past Switzerland and into the World Cup quarter-finals on Tuesday as Morocco bids to derail Spain's bid for a second global crown.