Sterling has recorded its best quarterly performance in nearly three years during a period when transition arrangements were agreed for the UK's departure from the European Union and amid growing expectations the Bank of England could hike rates faster than previously anticipated.
Over the last three months sterling has risen 3.8% to $1.402 against the dollar, the biggest quarterly jump since mid-2015 and its highest level since the UK voted to leave the EU in June 2016. Against...
'Managed separation update'
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Three months on
Regulator has stepped in