GBP/USD (British pound sterling/US dollar)

The British pound has broken down significantly during the course of the week, as it now looks as if the breakout above the downtrend line was a false one.

The British pound has rallied a bit during the course of the trading session on Friday but gave back the gains rather quickly as we continue to see US dollar strength in general.

H&M profits rose 85% to £1.14bn in 2021 as it cut 2,950 jobs and plans to close 240 stores, according to its full-year report.

A US federal appeals court has overturned the convictions of two former Deutsche Bank traders found guilty of manipulating interest rates, a decision that clashes with UK courts.

GBP/USD managed to settle above the resistance level at 1.3390.

It’s a busy day ahead on the economic calendar, with 4th quarter GDP numbers from Eurozone member states and U.S inflation in focus.

The British pound has broken through a significant short-term support level, and it looks very likely that the market is ready to go looking lower.

The British boots brand fell as much as 15% on the day after it revealed a slowdown in revenue growth in its third quarter.

Car production in the UK last year plummeted to its lowest level since 1956, with parts shortage, staff absences and factory closures all battering the automotive industry.

GBP/USD managed to settle below the support level at 1.3465 and is testing the next support level at 1.3435.

There are other options available to suit buyers and properties who don’t fit into the traditional mortgage mould

The report, which was unanimously agreed by the cross-party Committee of MPs, explores the current tax burden, changes to the health and social care levy and the pre-briefing of budget measures.

Demand in UK commercial property is higher than pre-pandemic levels as property experts still believe an office is essential for a company to successfully operate.

By Gina Lee

Going into the European open, German consumer sentiment figures will draw interest ahead of key stats from the U.S.

The British pound has bounced ever so slightly during the trading session on Wednesday to show signs of stability ahead of the FOMC meeting.

Tax-free childcare — the 20% childcare top-up — gives eligible working families up to £500 per child every three months.

Plans to achieve net zero carbon emissions by 2045 could wipe out 14,800 beef and sheep farms, the Ulster Farmers Union told MPs.

Fresnillo saw the impact of absenteeism mainly due to workers having to self isolate from the second week of December, which has also accelerated throughout January.

Swedish fintech giant Klarna has launched a card that can be used for in-store payments in the UK.