In the coming days, markets may probe and call the bluff on Boris Johnson's threat to crash Britain out of the EU, setting up a full-blown currency crisis well before the Brexit deadline he has set to get out with or without a transition deal by Halloween.
Sun, 11 Aug, 2019
A full-blown sterling crisis threatens Irish prosperity well before the end of October when the new London administration has threatened to take Britain out of the EU without a deal, economists and business groups have warned.
Tue, 30 Jul, 2019
The fall of Theresa May pushed sterling slightly higher, but only after the currency had fallen sharply in the past week on the prospect her probable successor, hard Brexiteer Boris Johnson would drive Britain out of the EU without a deal.
Fri, 24 May, 2019
Sterling steadied after initially posting further large losses on UK political fears but shares in Europe and the US were hit as the fallout of the US-China trade war extended to Chinese champion Huawei and the world’s chip makers for mobile phones.
Mon, 20 May, 2019
Sterling and European shares fell as the risk of the UK accidentally dropping out of the EU without a deal increased, as European Council President Donald Tusk told Theresa May she can have a short Brexit delay but only if the deal is voted through by the UK parliament next week.
Wed, 20 Mar, 2019
Sterling fell after Prime Minister Theresa May’s plan to present her EU withdrawal deal for a third time to the Commons hit a major speed bump after a ruling by the House of Commons speaker raised further uncertainty about the course that Brexit will take.
Mon, 18 Mar, 2019
Tánaiste Simon Coveney has urged firms to brace for a hard Brexit, saying there will be “huge strain on the economy” if no deal is agreed between the EU and the UK.
Fri, 25 Jan, 2019
A boost for sterling as rumours swirled that a divided UK government would opt to stay longer in the EU to help it strike a deal, points to the upside for the currency, traders and economists have said.
Fri, 11 Jan, 2019