ARTICLE · 09 NOVEMBER 2026

Pound Slips As Autumn Budget Looms

IR Global

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In addition, a new report revealed that the number of UK businesses in ‘significant’ financial distress hit a record high in the third quarter of 2026, raising concerns about the health of the UK economy.

GlobalFinance and Banking

Billy Archer (Currencies Direct)

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Pound (GBP) falls as UK budget looms

The pound (GBP) slipped against its stronger peers yesterday as GBP investors remained cautious ahead of the Autumn Budget.

In addition, a new report revealed that the number of UK businesses in ‘significant’ financial distress hit a record high in the third quarter of 2026, raising concerns about the health of the UK economy.

With the budget being unveiled today, Sterling could face heightened volatility as markets digest the government’s fiscal plans. If markets respond positively to the policies announced, the pound could tick higher overall.

Euro (EUR) slips amid ongoing anxiety in France

The euro (EUR) weakened on Tuesday as markets remained concerned about the political instability and fiscal crisis in France, the Eurozone’s second-largest economy.

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