Pound Sterling (GBP)1 day agoHow does the government borrow money?The government gets most of its money from tax but also borrows when it wants to boost spending.1 day agoBusiness17 Jul 2024Pound hits highest level against dollar for a yearPound highest against dollar in a year as investors bet on UK rates staying higher for longer.17 Jul 2024Business3 Feb 2023FTSE 100 closes at record highThe stock index closes at a high as global inflation and interest rate fears ease.3 Feb 2023Business23 Nov 2022Pound hits post-Truss high as dollar weakensSterling has reached its highest level against the US dollar since mid-August.23 Nov 2022Business26 Oct 2022Pound rises after delay to economic planThe currency has rallied against the dollar in recent days, and rose further on Wednesday.26 Oct 2022Business25 Oct 2022Pound hits highest level since before mini-budgetIt comes as investors welcomed the appointment of Rishi Sunak and the dollar fell.25 Oct 2022Business21 Oct 2022Five ways a falling pound could affect youThe pound has fallen against the dollar as the UK's financial and political turmoil continues.21 Oct 2022Business20 Oct 2022Pound rises as Liz Truss announces resignationSterling initially rose sharply to $1.13 as investors reacted to the news of the prime minister's departure.20 Oct 2022Business17 Oct 2022Pound rises as chancellor moves to calm marketsGovernment borrowing costs fall and sterling climbs as most of the mini-budget tax measures are reversed.17 Oct 2022Business
