Pound Sterling

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UK Inflation Rate Soars To 10.1%

The inflation rate in the UK hit 10.1% in September after dropping to 9.9% last month, with food prices witnessing the highest jump since 1982.

UK Investors Turn To Bitcoin As Pound Sterling Plummets

The trading volume for the Bitcoin and British Pound pair rose over 1400% after the Pound hit a record low against the U.S. Dollar earlier this week.

Bank Of England To Purchase Gilt Bonds To Stabilize Market

The Bank of England revealed its plans to start unlimited gilt bond purchases until October 14 to stabilize its financial market.