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Brexit
21 Mar
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FX round-up: Sterling opens throttle to drive higher as UK inflation accelerates, dollar steers lower

Sterling opened the throttle Tuesday to drive higher against a raft of currencies and recoup some of its Brexit-induced weakness, this surge lamentably on the back of a shock acceleration in UK inflation that will hit consumers in the wallet.

21 Mar
Iron ore mining
London close: Surge in UK inflation sees sterling, FTSE lower with miners suffering

Stocks in London closed Tuesday convincingly lower as UK consumer inflation punched above 2% and market forecasts to send sterling lower amid dollar weakness, which served to undermine the Footsie and miners in particular.

21 Mar
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Britons keen to maintain free trade but limit freedom of movement after Brexit

New research suggests the electorate’s view on Britain’s exit from the European Union has changed little since the vote nine months ago - they want to have their cake and eat it.

21 Mar
Oil & gas rig worker, energy, drilling
Commodities: Crude falls ahead of API stockpiles data; more downside forecast

Crude-oil futures are down heavily Tuesday as markets look to an expected rise in American Petroleum Institute's weekly stockpile figures out later tonight, with traders taking a view that the black liquid's price may yet fall further.

21 Mar
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Goldman Sachs to move 'hundreds' of workers from London in pre-Brexit contingency

Goldman Sachs is reportedly planning to move hundreds of its people out of London in a pre-Brexit contingency scheme, with the announcement coming as Downing St confirmed UK-EU divorce talks would be triggered later this month.