sterling

Legg Mason is introducing a sterling-hedged share class on its offshore Legg Mason Royce US Small Cap Opportunity Fund in response to client demand in the UK.

The Treasury has warned an independent Scotland could have dire implications for sterling, leaving the UK pound vulnerable to speculators.

UBS Global Asset Management is launching the UBS Sterling Corporate Bond Indexed fund, its first passive fixed income fund for the UK wholesale market.

Chancellor George Osborne delivered his fourth Budget address this afternoon, cutting his official growth forecast in half, but insisting the UK would avoid a "triple dip" recession.

The FTSE 100 and sterling have both held on to gains from this morning following Chancellor George Osborne's 2013 Budget speech.

Outgoing Bank of England(BoE) governor Sir Mervyn King said last night the pound is now "properly valued" in a move to halt its slide.

UK income investors could be in for a dividend windfall as sterling continues to slide against the dollar, analysts have suggested.

M&G's Mike Riddell has predicted further falls for sterling in the face of 'rampant' selling from the 'currency vigilantes', amid a drop in sterling yesterday to a new multi-year low.

The managers of the Ruffer investment trust are concerned further monetary easing may lead to another financial crisis on a par with 2007/8 as talk of yet more stimulus fuels 'risk-takers'.

The Euro Group's new president has warned the UK could be facing a "new sterling crisis" as concerns grow over the state of public finances.