{"id":119758,"date":"2025-09-25T18:12:36","date_gmt":"2025-09-25T17:12:36","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=119758"},"modified":"2025-09-30T10:26:51","modified_gmt":"2025-09-30T09:26:51","slug":"109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\/","title":{"rendered":"GBP\/EUR: Pound tumbles on political and fiscal worries"},"content":{"rendered":"<ul>\n<li><strong>Pound (GBP) is falling after modest gains yesterday<\/strong><\/li>\n<li><strong>Fiscal worries &amp; talk of a political challenge to the PM hit GBP<\/strong><\/li>\n<li><strong>Euro (EUR) rises as German consumer sentiment improves<\/strong><\/li>\n<li><strong>Confidence hits the highest level since April<\/strong><\/li>\n<\/ul>\n<p>The Pound-Euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is resuming its slide after modest gains yesterday. The pair rose 0.06% in the previous session, settling on Tuesday at \u20ac1.1447. It traded between \u20ac1.1431 and \u20ac1.1473. At 10:00 UTC, GBP\/EUR trades 0.04% at \u20ac1.1457.<\/p>\n<p>The pound is edging lower amid a risk-off mood in the markets, following modest gains yesterday after comments from policymaker Megan Greene.<\/p>\n<p>On Wednesday, Megan Green warned that, in light of uncertainty and risks, the Bank of England should adopt a cautious approach to further cutting interest rates. Megan Greene had opposed the 25-basis-point cut that was narrowly approved in a 5-to-4 decision in August.<\/p>\n<p>Today, the mood towards the pound is cautious, and further gains in sterling could be limited due to fiscal concerns heading towards the November budget.<\/p>\n<p>With inflation, sticky firms may be keen to cut costs, and with hiring becoming increasingly expensive, the outlook for growth is deteriorating.<\/p>\n<p>Meanwhile, the pound is also under pressure amid a risk-off mood as talk of a political challenge to Prime Minister Sir Kier Starmer saw bond yields climb higher. Greater Manchester Mayor has reportedly been approached by several Labour MPs about replacing Starmer.<\/p>\n<p>The euro is pushing modestly higher following the release of German sentiment data, which showed a slight improvement heading into October.<\/p>\n<p>The GFK consumer sentiment index edged up to -22.3 in October from -23.5 in September, slightly topping expectations and marking its best level since April.<\/p>\n<p>The improved sentiment comes amid rising optimism surrounding household incomes; the income expectation sub-index rose 11 points to 15.1. However, the headline figure remains deeply negative, indicating caution among households.<\/p>\n<p>The data also showed that economic expectations declined for a third consecutive month, indicating caution surrounding persistent inflation and global tensions, which could slow. Any recovery very<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pound (GBP) is falling after modest gains yesterday Fiscal worries &amp; talk of a political challenge to the PM hit GBP Euro (EUR) rises as German consumer sentiment improves Confidence hits the highest level since April The Pound-Euro (GBP\/EUR) exchange rate is resuming its slide after modest gains yesterday. The pair rose 0.06% in the [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5120,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":{"0":"post-119758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp","12":"tag-gbp-eur"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pound tumbles on political and fiscal worries - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound tumbles on political and fiscal worries\",\"datePublished\":\"2025-09-25T17:12:36+00:00\",\"dateModified\":\"2025-09-30T09:26:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\\\/\"},\"wordCount\":337,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100775-gbp-usd-pounds-dips-lower.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109778-gbp-eur-pound-tumbles-on-political-and-fiscal-worries\\\/\",\"name\":\"GBP\\\/EUR: Pound tumbles on political and fiscal worries - 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