Browsing Tag

Pound Sterling

Brexit: Calm before the Storm

By Don Smith 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…

The New Fiver issued today

The Bank of England’s first polymer note – the New Fiver featuring Sir Winston Churchill – enters circulation today, Tuesday 13 September. The New Fiver is cleaner, safer and stronger. The introduction of polymer banknotes allows for a new…

Record rise in UK Services PMI

UK Services PMI has risen by the 5.5 points to 52.9, the biggest ever jump in the survey’s 20 year history. The rise is a sharp bounce back from the 47.4 reading taken in July in the immediate aftermath of the EU referendum. The pound…