In a nation where money is counted in pounds and pence, the measure of coins is given great weight — and a lavish ceremony.

For some questions you may need to convert between pounds and pence. £1 = 100p. That means that when we convert from pounds to pence we x by 100 and when we convert from pence to pounds we ÷ by 100.

Sterling is about 0.5% stronger versus the single european currency, which is worth a little over 83 pence. Strategist Ven Ram says the pair’s diverging trajectory is likely to continue as the UK ...

The pound held steady on Monday against both the euro and dollar, largely sitting out the latest round of tariff volatility ...