Business

UK developer Waste2Tricity is ready for a clean energy revolution as the project it has helped pioneer, to turn dirty plastic waste into electricity for the grid and low-cost hydrogen road fuel, prepares for commercial production. Daily Express :: City and Business Feed

MOTHERCARE entered administration on Tuesday and now customers are being warned of delays to orders and returns no longer being accepted. Daily Express :: City and Business Feed

The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...

The pound fell against the euro today, with the pairing trading around €1.157 as the Bank of England left interest rates on hold in its last monetary policy meeting before the December 12 election. The central bank left interest rates unchanged at 0.75 percent, with seven out of nine policymakers voting to leave rates on hold. Daily Express :: City ...

THE BANK OF ENGLAND has issued a gloomy UK growth forecast, with Governor Mark Carney warning the “global picture has darkened”. Daily Express :: City and Business Feed

Turkey has announced it will have a national digital currency issued by its central bank for 2020. President Tayyip Erdogan revealed economic recovery plans earlier this year for the struggling nation which has been crippled with debt and austerity measures. As part of the economic rescue package, the bank could begin issuing digital lira by next Christmas. Daily Express :: ...

At the time of writing the GBP/EUR exchange rate is rangebound at €1.162, with the pound struggling for direction as the UK General Election campaign train gets into full swing. The race for Number 10 was officially triggered in the early hours of Wednesday morning as parliament was dissolved. Daily Express :: City and Business Feed

The pound was left flat against the US dollar today, with the pairing currently trading at around $ 1.288 as politicians embarked on the campaign trail ahead of December’s general election. Political uncertainty weighed on Sterling today as politicians launched their campaigns for the December 12 general election. Daily Express :: City and Business Feed

CHINA is bringing together some major players to assist with the nation’s drive towards cryptocurrency adoption, it has emerged. Daily Express :: City and Business Feed

THE pound was left muted against the US dollar today, as data showed the UK service sector stagnated, with the pairing currently trading at around $ 1.287. Daily Express :: City and Business Feed