Business

The pound spent Wednesday storming higher against the euro thanks to weak German data and election optimism, leaving the pairing trading around a nine-month high of €1.179. The pound rose against the euro despite data showing UK election and Brexit uncertainty caused the UK’s service sector to shrink in November. Daily Express :: City and Business Feed

AUSTRALIAN BORDER FORCE officers have seized £800,000 in cryptocurrency together with a massive drugs package sent from the UK. Firearms specialists from the Western Australia Meth Transport Team raided a property in Perth where they arrested two people before recovering the huge drugs haul and an electronic device holding the cryptocurrency. Daily Express :: City and Business Feed

Sparkling, comfortable party heels, once mere fantasy footwear but now a feasible choice for women with bunions, are set to be a big winner this Christmas for Sole Bliss, the British shoe and comfort specialist. The lifestyle-changing brand, created with unique footbed technology by accessories expert Lisa Kay, is forecasting a £2m turnover in 2020 as it starts to make strides ...

The pound US dollar exchange rate soared by 0.8 percent today, with the pairing currently trading around $ 1.310 after markets reacted positively to the Tories’ continued lead over Labour in the polls ahead of next week’s general election. Daily Express :: City and Business Feed

AN American blockchain expert has been accused of helping North Korea develop cryptocurrency. Police swooped on Virgil Griffith, who also goes by the name RomanPoet, when he returned after delivering a conference speech entitled Blockchain and Peace at a cryptocurrency conference held in the brutal dictatorship. Daily Express :: City and Business Feed

The pound rose against the US dollar as UK election optimism increased after the latest opinion poll, leaving the pairing trading around $ 1.299. Sterling received a boost on Tuesday despite data showing the UK’s construction sector still remained firmly in contraction territory. Daily Express :: City and Business Feed

The pound US dollar exchange rate is holding steady today, with the pairing currently trading around $ 1.293 after November’s UK Markit manufacturing PMI contracted for its seventh month in a row. Rob Dobson, a director at IHS Markit, commented: “November saw UK manufacturers squeezed between a rock and hard place, as the uncertainty created by a further delay to ...

The pound remains muted against the euro following a slew of weak manufacturing data from both the UK and Eurozone, leaving the pairing trading around €1.173. Daily Express :: City and Business Feed

Retail is looking rosy at St Pancras International which has high hopes of outperforming the high street this Christmas after sparkling sales last year and a new festive collaboration with French beauty giant Lancôme. Although 2018’s sector growth generally was mainly flat during the period, the tills continued to twinkle at the iconic Grade 1-listed railway station which bucked the ...

The pound remained flat against the euro following a mixed bag of data releases, leaving the pairing trading around €1.171. Earlier this morning, data revealed that German consumers paused before the start of the Christmas shopping season. Daily Express :: City and Business Feed