PoundSterling

The British economy grew more than previously thought in the second quarter, boosted by a strong showing in the construction sector. The UK economy grew 1.2% from April through June, the fastest quarterly expansion in more than nine years, the country's Office for National Statistics said. The...

The Bank of England left its benchmark interest rate unchanged at 0.5% and maintained the size of its asset purchase program. The bank, which sets monetary policy for the United Kingdom, hasn't changed its benchmark rate since March 2009. It has maintained its asset purchase program at £200...

The exchange rate with the pound is slowly turning back, against our favor. It's still nowhere near the scalding $2-per-pound rate that kept us out of London in droves last year, but it still hurts to pay $1.65 to get a single pound.As someone who often spends chunks of time abroad, I've learned...