Business

THE pound sank lower against the euro on Wednesday ahead of employment data, but sterling is set to jump back against the eurozone currency in coming months, according to one expert. Daily Express :: City and Business Feed

THE approach of key UK inflation data for July is causing the pound to soften against the US dollar this morning. Daily Express :: City and Business Feed

HIGH Street shoppers have been hit by a massive slump in promotional deals in supermarkets as sales tactics such as multi-buys become a thing of the past, a new report has shown. Daily Express :: City and Business Feed

THE boss of Telit Communications, which makes technology for the “internet of things”, has resigned after an internal probe found he had withheld a US indictment against him. Daily Express :: City and Business Feed

CLARKSONS flagged a global shipping revival as it navigated through choppy economic waters to deliver buoyant half-year figures. Daily Express :: City and Business Feed

STANDARD Life Aberdeen bosses hailed the launch of a “world class” investment firm after the Scottish fund managers completed their £11 billion merger. Daily Express :: City and Business Feed

BRITAIN has secured a £200million export deal with China in a huge boost for the UK food industry ahead of Brexit. Daily Express :: City and Business Feed

MINING start-up Cornish Lithium has secured £1 million to explore Cornwall for lithium, for electric car batteries. Daily Express :: City and Business Feed

JOHN Menzies has scrapped plans to merge its distribution arm with DX Group as concerns over the parcel delivery firm’s trading upset the terms of the deal. Daily Express :: City and Business Feed

THE pound was flat against the euro ahead of key inflation and employment data out this week, which is set to give further clues about when UK interest rates will rise. Daily Express :: City and Business Feed