THE pound was left flat against the euro as data showed signs the UK labour market was cooling, leaving the pairing trading around €1.164. Daily Express :: City and Business Feed
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Pound US dollar exchange rate: GBP/USD rallies as UK avoids recession
The pound rose against the dollar today as the UK avoided falling into recession during the third quarter, leaving the pairing trading at around $ 1.287. Sterling was provided with an upswing of support after the Office for National Statistics revealed the UK had escaped falling into a recession during the third quarter, although the rebound in Q3 growth was ...
Read More »Pound euro exchange rate: GBP/EUR rises, Brexit Party will not contest Tory seats
The pound euro exchange rate rose by 0.6 percent today, with the pairing trading around €1.16 after Brexit Party leader Nigel Farage announced that his party would not contest the 317 Tory-won seats ahead of the December 12 general election, stating that it was the best way to “prevent a second referendum”. Daily Express :: City and Business Feed
Read More »Bitcoin price tumbles – Cryptocurrency falls by $400 overnight
Bitcoin has stalled again, crashing by $ 400 overnight and leaving many traders wondering if recent price surges have been false rallies. Daily Express :: City and Business Feed
Read More »Pound Euro exchange rate: GBP/EUR flat as German exporters provide much-needed relief
The pound was left muted against the euro today as German export data provided a sense of relief for the single currency, leaving the pairing trading around €1.160. The pound failed to make any gains against the euro as German exporters reported the largest rise in outgoing trade in close to two years, buttressing the shared currency against Sterling. Daily ...
Read More »Lawyer accused of money laundering for OneCoin ‘scam’ goes on trial
A US lawyer accused of laundering proceeds from the OneCoin cryptocurrency – alleged to be a Ponzi scheme scam – has gone on trial in New York. Mark Scott is accused of laundering approximately $ 400 million through hedge funds and transferring them back to his colleagues. Daily Express :: City and Business Feed
Read More »Pound US dollar exchange rate shaken by potential SNP-Labour coalition
The GBP/USD exchange rate is currently trading at $ 1.2805, trading just shy of a two-week low after the leader of the Scottish National Party, Nicola Sturgeon suggested she would consider a coalition with Labour in order to block a Tory government on December 12. Daily Express :: City and Business Feed
Read More »WASTE2TRICITY: Innovation turns dirty plastic waste into clean fuel and electricity
UK developer Waste2Tricity is ready for a clean energy revolution as the project it has helped pioneer, to turn dirty plastic waste into electricity for the grid and low-cost hydrogen road fuel, prepares for commercial production. Daily Express :: City and Business Feed
Read More »Mothercare refunds: Mothercare says returns not accepted as online orders to be delayed
MOTHERCARE entered administration on Tuesday and now customers are being warned of delays to orders and returns no longer being accepted. Daily Express :: City and Business Feed
Read More »Pound US dollar exchange rate: GBP/USD sinks on Bank of England division
The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...
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