Sterling jumps as business survey triggers unwinding of negative bets
Better than expected activity adds to dollar weakness to send the pound to its highest level since October
Better than expected activity adds to dollar weakness to send the pound to its highest level since October

Entrepreneurs are more optimistic than the headlines about the UK’s economic potential

Government debt in UK and Eurozone on course for strongest day since 2023

March’s hawkish communications in Europe have had the effect of tightening monetary policy

Optimism and greed complicate the central bank’s decisions during market disruptions

Policymakers must overcome the mercantilist fallacy that the way to get rich is by running surpluses forever

Investors buy option protection on fears Rachel Reeves’ tax-raising measures could hurt growth