Business

THE eurozone’s economy is under threat, as exports and inflation sink amid a stronger euro, piling fresh pressure on monetary policymakers in the bloc. Daily Express :: City and Business Feed

AFTER falling last week, the pound hit a fresh low against the euro today. At the open of trading, the GBP/EUR exchange rate was around €1.099, close to the lowest exchange rate since December 2009. Daily Express :: City and Business Feed

THE pound was trading in a narrow range against the US dollar at the start of this week’s session as the UK government moved to dispel rumours that there was a split in Theresa May’s Cabinet. Daily Express :: City and Business Feed

ASDA’S US parent Walmart is set to say that turning around the struggling supermarket giant has eaten into its second-quarter profits, at its results on Thursday. Daily Express :: City and Business Feed

Pay growth is likely to remain weak despite falling unemployment, with wage rises over the next year expected to be 1 per cent, according to a new report. Daily Express :: City and Business Feed

THE Government has recovered all but 5 per cent, £58billion, of the £1.2 trillion bailout that it provided the banks with during the credit crunch and recession, new National Audit ­Office figures show. Daily Express :: City and Business Feed

BRITISH companies are massively underestimating how long it would take them to recover from a large scale cyber attack, according to new research from insurance broker Lockton. Daily Express :: City and Business Feed

LIVING standards will stay squeezed, economists warn, as data out this week is expected to show inflation resumed its upwards march in July. Daily Express :: City and Business Feed

TATA STEEL announced on Friday that it is separating its £15billion pension fund from its UK business – and do not be surprised if other companies try to cut costs by following suit and jettisoning their schemes. Daily Express :: City and Business Feed

THE pound is to continue falling in value and drop below parity with the euro early next year, one of the world’s largest investment banks has predicted, citing the threat of a Labour victory as a major reason. Daily Express :: City and Business Feed