British Pound

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What is the oldest currency in the world?

The British pound has been used as England’s central currency for over a thousand years. Read about its evolution from a coin literally weighing one pound to the banknotes common today. We also rank the next three oldest major currencies: the yen, ruble and dollar.

Multiple pound notes £5, £20 and £50 Pound Sterling

What is trickle-down economics and does it work?

Liz Truss and Kwasi Kwarteng have unveiled their economic plan for the UK: and it involves tax cuts for corporations and the wealthy. This is known as trickle-down economics. But what is the theory behind the mini-budget, and does trickle-down economics work?

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September 28, 2022 04:30 PM

GBP/USD: Why pound parity (1.00) is a potentially plausible prospect

The eerie similarities to the mid-1980s hint that GBP/USD could fall toward parity (1.00) in the coming quarters...

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September 20, 2022 03:48 PM

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Weekly COT report: GBP futures on the cusp of net-long exposure

What began as a short-covering rally is now seeing increased bullish activity on the British pound futures contract.

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