U.K. Markets Rise as Global Factors Outweigh Political Turmoil

On Wednesday, as London’s financial markets reopened after the resignations of senior ministers put Prime Minister Boris Johnson’s tenure in doubt, Britain’s benchmark stock market index rose more than 1 percent, alongside increases in other European markets.

After an initial gain, the British pound fell 0.5 percent against the U.S. dollar in afternoon trading, extending a 1.5 percent drop the day before, as investors sought the safety of the U.S. currency amid growing risks of…

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Written by Bourbiza Mohamed

I have 26 years of experience as a professional writer and editor and have been working as a full time freelancer since 2011. I am originally from Casablanca, Morocco, and I graduated from Qatar University with a degree in journalism. I have worked for newspapers, magazines, news agencies, websites. I speak fluent Arabic, French, English, Russian and Spanish.

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