Investors appeared heartened by the prospect of Rishi Sunak, Britain’s former chancellor, becoming prime minister — but he must still solve huge economic problems. Story Published at: October 24, 2022 at 12:51PM Continue Reading…
Markets Are Ready for Stability in U.K. Government
Markets Appear Ready for Stability in U.K. Government
Investors appeared heartened by the prospect of Rishi Sunak, Britain’s former chancellor, becoming prime minister — but he must still solve huge economic problems. Story Published at: October 24, 2022 at 12:51PM Continue Reading…
The Race is On to Find the U.K.’s Next Prime Minister
Turmoil returned to Britain’s financial markets as the Conservative Party once again seeks a new candidate to serve as prime minister. Story Published at: October 21, 2022 at 12:51PM Continue Reading…
Credit Suisse Takes a Hit Over Investor Fears
Shares in the troubled Swiss banking giant sunk on Monday as investors worry it may not pull off a risky turnaround plan. Story Published at: October 3, 2022 at 01:15PM Continue Reading…
The British Pound Is on Parity Watch
Global markets rebounded on Tuesday, but traders continue to worry about Britain’s risky pro-growth fiscal policies. Story Published at: September 27, 2022 at 01:07PM Continue Reading…