Business

The pound-euro exchange rate fell by 0.6 percent today, with the pairing currently trading around €1.112 following contentious talks between Prime Minister Boris Johnson and German Chancellor Angela Merkel in which the German premier described Mr Johnson’s “final” deal proposal as “unworkable”. Daily Express :: City and Business Feed

The pound slumped against the US dollar this afternoon with the pairing currently trading at around $ 1.220. The dollar continued to rise against the pound today despite data revealing US producer prices suffered their largest decline in eight months. Daily Express :: City and Business Feed

THE POUND has plunged to a one-month low after Boris Johnson’s Brexit deal was dealt a hammer blow when German Chancellor Angela Merkel said a deal between the UK and EU is “essentially impossible, not just now but for ever”. Daily Express :: City and Business Feed

The pound US dollar exchange rate held steady today, with the pairing currently trading around $ 1.232 as French President Emmanuel Macron’s demanded Prime Minister Boris Johnson revise his Brexit proposal by the end of the week. Daily Express :: City and Business Feed

This afternoon, the pound remains muted against the euro, with the pairing currently trading at around €1.121. The single currency was left flat against the pound today on further signs that the bloc’s largest economy is falling into a technical recession. Daily Express :: City and Business Feed

A new mobile entertainment system, created by British classic jukebox maker Sound Leisure group, is set to be a lifeline for sick children in hospital and those in care homes burdened by boredom and isolation. Daily Express :: City and Business Feed

British firms are scoring strongly at the Rugby World Cup in Japan with equipment and hospitality packages leading the charge. Suffolk manufacturer Harrod Sport has supplied its rugby posts to all 12 stadiums and training grounds for championship matches across the country. Daily Express :: City and Business Feed

PAYPAL has left a Facebook group developing the social network’s Libra cryptocurrency. The e-payments firm was a founding member of the Libra Association – a group of 28 companies and other organisations including Visa, Vodafone, eBay, and Uber. Daily Express :: City and Business Feed

The pound US dollar exchange rate held steady at around $ 1.233 today as Prime Minister Boris Johnson’s Brexit plan met with criticism, with EU officials describing the proposal as not “even remotely” acceptable. Leo Varadkar, Ireland’s Taoiseach, was also critical of the Irish backstop ‘compromise’, saying: “I don’t fully understand how we can have Northern Ireland and the Republic ...

A quantum supercomputer built by Google could cripple cryptocurrencies like Bitcoin. The tech giant’s new computer is so powerful it is feared it could crack the powerful encryption that makes crypto so secure. Cryptocurrency uses encryption to secure transactions and control the creation of new units. Daily Express :: City and Business Feed