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Tag: UK economy


Capital and Risk, Macroeconomic

British Pound (GBP/USD) Latest: IMF U-Turn, UK PMIs, US Debt Talks

May 23, 2023

Via: DailyFX

The International Monetary Fund (IMF) has performed a quick U-turn on the UK’s growth outlook and now sees the economy expanding by 0.4% in 2023. In January this year, the IMF predicted that the UK economy would contract by 0.6% […]


Capital and Risk, Liquidity

British Pound (GBP) Forecast: Positive Start for Cable on Spring Bank Holiday

June 2, 2022

Via: DailyFX

GBP/USD called back some of yesterday’s downside in the Asian and European sessions after the dollar took its foot off the pedal as U.S. Treasury yields eased. Currently, the UK economy is under pressure from rampant inflation and slowing manufacturing […]


Capital and Risk, Liquidity

British Pound Latest: GBP/USD Rally Continues, US Dollar Risks Lie Ahead

January 5, 2022

Via: DailyFX

Cable’s recovery from its multi-month lows printed in December continues with the pair pushing ever higher and back to levels last seen over two months ago. The 15 basis point interest rate hike in late December and the government’s slightly […]


Capital and Risk, Macroeconomic

UK hikes corporation tax to 25% as pandemic support hits £407 billion

March 3, 2021

Via: CNBC

LONDON — British Finance Minister Rishi Sunak announced Wednesday that U.K. corporation tax will increase to 25% in April 2023 as the government looks to restore public finances in the aftermath of the Covid-19 pandemic. In his Budget statement Wednesday, […]