Moneycorp Wins Best Payments Solutions Provider
Moneycorp Wins Best Payments Solutions Provider

Moneycorp was named Best Payments Solutions Provider by Goodacre UK for the 2022 Systems In The City Fintech Awards

Market optimism rises on US-China trade deal, significant tariff cuts announced
Market optimism rises on US-China trade deal, significant tariff cuts announced

The Bank of England cut interest rates by 25 basis points, aligning with expectations. However, the split vote among MPC members (ranging from no cut to a 50bp cut) reflects uncertainty and supports the BoE’s gradualist...

Euro holds ground as market brace for European Central Bank's (ECB) rate decision
Euro holds ground as market brace for European Central Bank's (ECB) rate decision

With no major UK economic data scheduled this week, sterling is likely to take its cues from international developments as well as the ongoing global impacts of trade tariffs and...

Bank of England holds steady but rate cut expectations rise - Markets eye a possible pivot in August
Bank of England holds steady but rate cut expectations rise - Markets eye a possible pivot in August

The Bank of England held rates at 4.25% as expected Thursday, although the vote split showed a slightly more dovish outcome than forecasted, with three members voting for a rate cut...

Bank of England may pause bond sales to calm markets after gilt turbulence
Bank of England may pause bond sales to calm markets after gilt turbulence

The Bank of England is facing renewed scrutiny over its quantitative tightening strategy, as recent volatility in the gilt market has exposed fragilities in demand for long-dated UK government debt.

Sterling gains, euro pauses, dollar eyes CPI
Sterling gains, euro pauses, dollar eyes CPI

Sterling edged higher last week following the Bank of England’s (BoE) decision to cut interest rates to 4.00% - the lowest level in over two years. The move was finely balanced, with five Monetary Policy Committee...

Cabinet reshuffle, GDP jitters, and rate cut rumours
Cabinet reshuffle, GDP jitters, and rate cut rumours

Sterling continues to hold above 1.3500 against the dollar, supported by USD weakness. Last week, Prime Minister Sir Keir Starmer has reshuffled his cabinet following the resignation of Angela Rayner, who...

With inflation still high, will the BoE hold or fold?
With inflation still high, will the BoE hold or fold?

This week marks a big week, with two major Central Bank meetings scheduled; the Federal Reserve meets on Wednesday, followed by the Bank of England’s (BoE) sixth MPC meeting of 2025 on Thursday.

USD at six-month high against sterling and two-year high against the euro
USD at six-month high against sterling and two-year high against the euro

The pound has weakened against the dollar and other currencies following the release of the UK Gross domestic product for Q3 on 15 November. GDP for the period July to September showed growth of only 0.1%, significantly lower than the 0.5% figure in...

GBP recovers against the USD, after hitting six month lows
GBP recovers against the USD, after hitting six month lows

The pound has weakened against the dollar and other currencies following the release of the UK Gross domestic product for Q3 on 15 November. GDP for the period July to September showed growth of only 0.1%, significantly lower than the 0.5% figure in...