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From currency to confidence, UK Plc battles Brexit fallout

From currency to confidence, UK Plc battles Brexit fallout

Signs mounted on Thursday that Brexit-induced uncertainty and a sharp fall in sterling would hurt a wide range of companies and make it hard for them to meet their full-year profit targets.

Sterling hits 31-year low, gilt yield below 1% for first time ever

British 10-year government borrowing costs sank below 1 percent on Monday for the first time ever and sterling tumbled to a fresh 31-year low against the dollar as investors bet Britain`s vote to leave the EU will trigger a Bank of England rate cut.

David Cameron warns Brexit would drive up food prices in UK

David Cameron warns Brexit would drive up food prices in UK

British Prime Minister David Cameron warned voters on Sunday that they would face higher grocery bills if the country decides to leave the European Union at a June 23 referendum, citing a potential drop in the value of sterling.

British rate hike hint boosts sterling, Iraq unrest drives up oil

Bank of England Governor Mark Carney said that British interest rates could rise sooner than financial markets expect.