Britain's Carillion collapses after talks fail - RTRS

Reuters reports the latest headlines from the British economy, citing that the UK’s largest construction and services company, Carillion, went into liquidity on Monday after its lenders refused to provide any further financial support.

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“The company, which employs 43,000 people to provide services in defense, education, health, and transport, said the government would provide the necessary funding to maintain the public services carried out by its staff.”

GBP/USD faded a spike to three-year tops of 1.3767 on the above headlines, before finding fresh support once again near 1.3730 region to now trade near the midpoint of the 1.37 handle.