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The UK's Governance Is Looking Vulnerable Again
The UK's Governance Is Looking Vulnerable Again

Bloomberg

time6 days ago

  • Business
  • Bloomberg

The UK's Governance Is Looking Vulnerable Again

Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Just a quick favour, if you've got time this lunchtime — it's the last time I'll ask, I promise — please help us out by filling in this questionnaire. Gloriously happy or deeply frustrated, we'd love to know how you feel your personal financial situation has changed in the last year.

What's Behind Persistent US Dollar Weakness?
What's Behind Persistent US Dollar Weakness?

Bloomberg

time7 days ago

  • Business
  • Bloomberg

What's Behind Persistent US Dollar Weakness?

Donald Trump's frustration with Federal Reserve boss Jerome Powell is not the only factor. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. The pound was looking very strong this morning. We're back up above $1.37. If this continues for much longer, we might get back above the post-Brexit highs (in the region of $1.44). What have we done to deserve such currency market confidence?

Here's Why Markets Are Calm About Iran, For Now
Here's Why Markets Are Calm About Iran, For Now

Bloomberg

time23-06-2025

  • Business
  • Bloomberg

Here's Why Markets Are Calm About Iran, For Now

The biggest short-term threat — the closure of the Strait of Hormuz — still seems unlikely. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Today's headlines are scary. The US is now involved in the Iran-Israel conflict. There's a lot of use of the words 'escalation,' 'revenge' and 'brink.'

How Far Can the Bank of England Cut From Here?
How Far Can the Bank of England Cut From Here?

Bloomberg

time19-06-2025

  • Business
  • Bloomberg

How Far Can the Bank of England Cut From Here?

Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Before we get started today — do you feel well-off, or are you feeling the squeeze? Are you happy where you are, or are you keen to move somewhere that might offer an easier life or at least a bit of appreciation? Gloriously happy or deeply frustrated, we'd love it if you could take five minutes to fill in this questionnaire on how you feel your personal financial situation has changed in the last year.

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