Business

The pound to US dollar exchange rate dipped by around 0.5 percent today, with the pairing currently trading around $ 1.299 as appetite for Sterling is limited on rising speculation of a Bank of England rate cut on Thursday. Daily Express :: City and Business Feed

The pound slumped against the euro as Brexit fears resurfaced, leaving the pairing trading around €1.181. The pound fell against the euro on Tuesday after concerns surrounding the UK’s future relationship with the European Union after Brexit heightened. Daily Express :: City and Business Feed

In a bid to help save the planet, fight climate change and raise more recycling awareness ethical outdoor clothing brand Paramo is a offering a reward or future discount for every old garment it gets back or is returned via a retailer. Daily Express :: City and Business Feed

Victims of the global OneCoin scam have labelled a judge’s decision to allow the $ 4bn fraud’s lawyer extra time to prepare for sentencing as “deeply disappointing”. Mark Scott – a 51-year-old former attorney – was one of a handful of people arrested and convicted for his part in one of the biggest financial frauds in history. Daily Express :: ...

CORONAVIRUS is concerning countries around the world as the dangerous virus spreads, so far killing more than 80 people. But how is Coronavirus the “number one threat” to financial markets? Daily Express :: City and Business Feed

A GROUP of young refugees growing up in a Kenyan refugee camp have been given a close-up look at a selection of paintings by world-famous artists during a 360-degree live virtual reality tour at the National Gallery in London. Daily Express :: City and Business Feed

The pound euro exchange rate is holding steady today, with the pairing currently trading around €1.184 after the European Central Bank held interest rates at 0 percent in its first rate decision of the year. Daily Express :: City and Business Feed

The pound is clinging to yesterday’s gains against the US dollar, leaving the pairing trading around $ 1.312. Sterling was able to hold onto Wednesday’s gains against the dollar thanks to the reduced odds of the Bank of England cutting interest rates at next week’s gathering. Daily Express :: City and Business Feed

BITCOIN is currently gripped in a tight channel of resistance as opposing market forces attempt to move it away from recent stability. The volatility which normally defines cryptocurrency had been largely ever-present as BTC bounced between $ 6,800 and $ 8,600 during recent months before a curious flatline held it at a steady average of $ 8,640 over the past ...

THE BANK of England has taken a huge leap towards adopting cryptocurrency with a sudden announcement that it is to join forces with other banking institutions to explore potential uses for digital assets. Daily Express :: City and Business Feed