Pound Gains Versus Euro as Focus Turns to Central-Bank Policy

The pound posted its longest run of gains in three weeks against the euro as investors focused on central-bank monetary policy for clues on the U.K. currency’s future path.

Shares and pound surge on election outcome

UK shares and the pound have jumped after the Conservatives won a parliamentary majority in the election. The FTSE 100 rose 2.32% to 7,046.82, with shares in banks and energy companies seeing big gains.

Scottish independence: pound could drop 10% in value

Scottish independence is expected to knock up to 10% off the value of sterling, taking it back to levels last seen when Britain was in recession.

Inflation falls more than expected

The annual rate of UK inflation rate fell more than expected in July as the cost of clothing, footwear, food and non-alcoholic drinks eased.

Pound Falls Most in Six Weeks as BOE Counters Rates Speculation

The pound had the biggest weekly decline against the dollar in six weeks after Bank of England officials sought to damp speculation that they will raise interest rates sooner than they have previously indicated.