pound sterling

British unemployment claims rose by the most in eight months in September as the economic recovery slowed. Jobless benefits claims rose by 5,300 to 1.47 million, Bloomberg News reported. Sponsored Links Consumer confidence touched an 18-month low in September as the public readied for the...

The Bank of England left interest rates at 0.5% for the 20th month in a row and maintained its asset-buying program unchanged, Reuters reported. The interest rate decision was widely expected by economists. Still, mixed economic data and a divided policy-making board mean that the future is...

Citing the country's "wealthy and diversified economy, ample fiscal and monetary policy flexibility" and other factors, S&P affirmed the U.K.'s sovereign credit ratings Monday. However, it also maintained the negative outlook it has had since May 2009.

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...