Market News
Sterling dips as U.S.-Iran peace talks falter - REUTERS
LONDON, April 20 (Reuters) - The pound slipped on Monday after tensions between the U.S. and Iran rose sharply over the weekend, raising the prospect that a two-week ceasefire might collapse and pushing investors towards the safe-haven U.S. dollar.
Market participants were also keeping an eye on UK assets as British Prime Minister Sir Keir Starmer prepared to address parliament as he faces calls to resign after it emerged former U.S. ambassador Peter Mandelson had failed a vetting process.
