#Sterling#
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The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound.
BREAKING - Dollar Edges Higher; Sterling Under Brexit Pressure
The dollar edged higher from weak levels in early European trade Tuesday, with traders balancing rising Covid-19 cases and expanding lockdowns with likely fiscal stimulus and a vaccine rollout. At 3:55 a.m. (ET), the Dollar Index, which tracks the greenback against a basket of six other currenc
BREAKING - U.K. Budget Deficit Widens In October
The U.K. budget deficit reached its highest October level on record, reflecting the effects of government coronavirus policies, the Office for National Statistics reported Friday. The public sector net borrowing rose by £10.8 billion from the last year to £22.3 billion in October. This was the highe
