• Sterling confused ahead of the BoE’s August policy meeting

    The British pound remained on the defensive, anticipating positive rhetoric from Mark Carney at a propensity for savings meeting of the Bank of England on August 3rd. Fears of unrestrained growth in inflation due to the pound’s devaluation were refuted, after data on June’s consumer prices showed the first slowdown in a few months. Inflation […]

  • TheCityUK warns about layoffs, if limited access to the EU single market is not preserved

    Full access to the European single market is something that British banks can only dream about after the Brexit. UK’s biggest financial lobbying group is now fighting to at least retain limited access.