BREXIT
23 Jun
27 EU member states to vie for two London-based agencies
Gherkin, City of London and EU flag by Descrier

The EU have officially launched the competition between 27 member states to decide which will host the London based European Medicines Agency and the European Banking Authority.

Read full story
23 Jun
FX round-up: Sterling gains on dollar thanks to UK policy hawks coming to fore
currencies euro dollar pound money cash sterling

Sterling managed Friday gains on the US dollar thanks to UK monetary policy hawks coming to the fore in recent days, but was otherwise down against a raft of commodity currencies.

Read full story
23 Jun
London close: FTSE labours through Friday as sterling gains on underwhelming dollar
Canary Wharf and the O2, London Docklands; markets, finance, City

Stocks in London laboured through Friday as sterling made gains against an underwhelming US dollar a day after PM Theresa May met with European leaders in Brussels.

Read full story
23 Jun
Citizens from EU countries will be able to stay reiterates May
theresa may article 50

Prime Minister Theresa May defended her proposals regarding the future rights of EU citizens in the UK.

Read full story
23 Jun
Commodities: Safe-haven gold likely to remain supported going forward
Gold bars

Gold is front and centre on traders' charts with some picking the safe-haven asset will remain supported going forward thanks to a platter of political risk in both UK and Washington, as well as the global oil glut.

Read full story
23 Jun
Gap between home price growth in South and rest of UK to close, Hometrack says
London houses

Annual average UK city house price growth slowed in May, but increased during the last three months, the results of a survey showed.

Read full story
23 Jun
May's offer on EU expats after Brexit labelled 'pathetic'
brexit-150x94

A group campaigning for the residency rights of EU citizens living in Britain after Brexit called Theresa May's offer to the bloc on the issue "pathetic".

Read full story
23 Jun
Weakened May throws EU citizens rights on table in opening Brexit gambit
cbmay92

UK Prime Minister Theresa May used the three million EU citizens living in Britain as her opening gambit in Brexit negotiations, offering them a “settled status” if they had been in the country for five years.

Read full story
22 Jun
FX round-up: Sterling mixed, prone to volatility as PM May heads Brussels
Theresa May

Sterling had a mixed Thursday as PM Theresa May went to Brussels to unveil to European leaders her allegedly more generous plans for the rights of EU citizens in the UK.

Read full story
22 Jun
London close: FTSE scrapes along as PM takes her Brexit show to Brussels
theresa may trump

The FTSE scraped along to a lower close as PM Theresa May looked took her Brexit and hung-parliament show to Brussels.

Read full story
21 Jun
London close: FTSE ends down after Queen's Speech, Haldane's rate-rise comments
bank of england

Shares in London were under pressure Thursday as sterling zipped ahead on news Bank of England chief economist Andy Haldane said he would likely vote for a rate rise later in 2017.

Read full story
20 Jun
FX round-up: Loveless sterling southbound as Carney jawbones on rates
carney boe bank

Sterling resumed its ride lower again on Tuesday after Bank of England governor Mark Carney said now was not the time to raise UK interest rates.

Read full story
20 Jun
London close: Resources drag FTSE down as sterling fades after Carney's comments

Stocks in London finished lower on Tuesday amid hefty falls in the shares of mining and oil majors, as traders bashed sterling down after Bank of England governor Mark Carney said the time was not right for an interest rate hike.

Read full story
20 Jun
Hammond speech pushes for transitionary period post Brexit
hammond philip chancellor

Chancellor Philip Hammond used his Mansion House speech to assure the City that he would try and press for a transitionary agreement keeping the UK in the customs union until new rules are implemented.

Read full story
20 Jun
CBI marks up UK GDP forecasts but says risks remain high
Nick Clegg

One of the country's leading business lobby groups marked up its short-term forecasts for the economy even as it warned risks to the economy remain high because of uncertainty related to Brexit and given the potential for higher-than-expected volatility in financial markets.

Read full story
19 Jun
FX round-up: Sterling mixed as UK begins negotiations for so-called Brexit 'wonderland'
Brexit

Sterling was mixed on major crosses as the UK at last disappeared down the burrow of Brexit negotiations in hopes it will emerge in a non-EU wonderland further down the track.

Read full story
19 Jun
London close: FTSE rises as mining, oil majors gain; Brexit negotiations underway
brexit portada

London stocks pressed ahead to a positive close as the UK began formal divorce talks with the European Union, and as the shares of multi-commodity miners and oil majors decided overall direction.

Read full story
16 Jun
FX round-up: Sterling drifts through Friday, uncertain of the path forward
money pennys coins

Sterling drifted through mildly choppy Friday trade, uncertain of where to go next as the market continues to assess the more hawkish Bank of England and US Federal Reserve.

Read full story
16 Jun
London close: Value hunters push FTSE higher as Tesco flops on Amazon concerns
Tesco, retail, supermarkets

Equities in London finished Friday on a positive note as investors went value hunting after yesterday's sell-off, but sterling gains on the dollar limited the upside.

Read full story
15 Jun
FX round-up: More hawkish BoE sees sterling shoved higher
Gherkin, City of London and EU flag by Descrier

Sterling got a firm shove higher thanks to a more-hawkish-than expected leaning by Bank of England's policy makers in holding the benchmark rate and QE unchanged.

Read full story