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Big British banks pull mortgages: Pound tanks further while dollar soars

Perhaps the greatest anomaly of this year remains why the US Dollar has held such a strong value against other major currencies given that the United States economy has been subjected to similar obstacles that have affected its peers in Great Britain and on the European Mainland. As this week

British Pound at 20 year low as new Prime Minister takes office

The somewhat lethargic attempt to replace outgoing Prime Minister of the United Kingdom Boris Johnson has come to an end, and Liz Truss has been inaugurated by the current government as the Prime Minister who will replace Boris Johnson. The result of this selection process concluded yesterday to a varied

JP Morgan analysts bring more GBP gloom to light

The spectacular collapse in the value of the British Pound over recent days has been all over the news and has represented a stark dip down after a sustained declining over recent months. The downturn that took place this week was spurred on by the prediction by Citigroup analysts that

British Pound collapses against EUR and USD, despite 'Bidenomics' data

It has been a catastrophic few days for the British Pound. Looking at the graph this morning which shows the Pound absolutely crashing against the US Dollar makes for somewhat alarming reading, as it lost further ground on the European market open this morning having begun its downward spiral on

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