The way the pound rebounded does not reflect long-term confidence in the currency.
The end of an era?
David Martyn Hunt via flickr
Here's what the law says.
An enormous 8% drop in the pound was recently rectified in a matter of minutes but the 'flash crash' wasn't merely an algorithm issue.
The UK's leading index of companies has broken the 7,000 points barrier despite fragile growth and the uncertainty of Brexit.
The drop in sterling following Brexit has been as strong as when Germany invaded France in 1940.
A weak pound might be good for exports but it is bad news for the investment that the economy is based on.
Uncertainty over the outcome of the EU referendum has sent currency markets into overdrive.
But always gamble responsibly...
Global currency markets deliver a tumble for sterling.
Oddly enough, London's mayor will have been cheered to spark a sell-off in the pound when political colleagues barely raised an eyebrow on skittish markets.
Currency question crucial for Scottish business sector.
The announcement by the Chancellor, George Osborne, that there would not be monetary union between an independent Scotland and the rump UK is a game changer. It comes one day after researchers, including…
Who gets the money – and the debt?
Scott Heppell/PA Wire
Currency unions between independent states are technically difficult to establish and run. They can require strict limits to fiscal autonomy, and they can need painful adjustments if the component economies…