Political News
FX round-up: Sterling and euro battered, rouble gets unexpected boost
Sterling reeled against the Greenback at the start of the week as the US dollar spot index jumped to its loftiest level since May 2017.
Barnier says main Brexit framework 'largely defined' - FT
The EU’s chief Brexit negotiator on Monday told ministers from the EU’s remaining member states that the main points of a Brexit deal were ready to present to the UK cabinet on Tuesday, according to The Financial Times.
May faces Parliament backlash as Brexit deal 'draws near'
Terms of a Brexit deal has been agreed with Brussels, according to reports, but the pound whipsawed down and up on Monday as markets reacted to government splits and Labour's insistence that the decision to quit the European Union could yet be reversed.
Employers struggling to hire staff as migrants turn their back on UK
Employers are battling to hire enough staff after a sudden decline in the number of migrants coming to the UK, putting salaries under increasing pressure.
FOBT delay 'influenced' by industry report
The UK government’s controversial decision to delay until next October a cut in stakes on fixed-odds betting terminals (FOBTs) to £2 from £100 was influenced by secret report commissioned by bookmakers, the Guardian reported on Monday.