British Pound

Pound Plunges: Sterling Faces Toughest Week Since January Amidst Global Turmoil and Domestic Woes

The British Pound Sterling (GBP) has endured its most challenging week since January 2025, experiencing a significant depreciation against major global currencies. This sharp decline, culminating in a 1.3% weekly fall against the US Dollar (USD) by October 10, 2025, underscores a period of heightened market instability fueled by

FTSE 100

FTSE 100 Soars to Record High, Fueled by Pharmaceutical Boom and Resilient Pound

London, UK – October 1, 2025 – The UK's benchmark FTSE 100 index has achieved an unprecedented milestone today, surging to a new all-time high. The robust performance was largely propelled by a significant rally in pharmaceutical stocks, alongside a strengthening British Pound, signaling renewed investor confidence in the UK