Business

The pound euro exchange rate eased today, with the pairing currently trading around €1.159. Brexit uncertainty is on the increase after Downing Street threatened to abandon the current deal and seek a general election before Christmas. Speaking in the House of Commons today, Prime Minister Boris Johnson warned MPs that a vote against his “programme motion” would result in a ...

The pound slumped against the euro this afternoon ahead of this evening’s crucial Brexit vote with the pairing currently trading at around €1.160. The pound was left under pressure today as investors waited to see if the UK will leave the European Union by the October 31 deadline as the Prime Minister has repeatedly promised. Daily Express :: City and ...

The pound edged up against the euro this afternoon, with the pairing currently trading at around €1.164 thanks to a fresh bout of Brexit optimism. Brexit news remains front and centre today after Prime Minister Boris Johnson’s deal, ratified by the EU last week, failed to pass through parliament on Saturday. Daily Express :: City and Business Feed

THE head of the biggest bank in America has poured scorn on Facebook’s plan to launch a bitcoin-style cryptocurrency. Libra is a blockchain digital currency planned to be launched in 2020. The social media giant aims to let its nearly two billion users pay and send digital cash using Libra. Daily Express :: City and Business Feed

THE POUND reached $ 1.30 today, hitting its highest level since May 2019. It came ahead of Boris Johnson being set for a showdown with Commons Speaker John Bercow, with the Prime Minister expected to push for a so-called “meaningful vote” on his Brexit deal. Daily Express :: City and Business Feed

ECONOMISTS have warned of a ‘chill in the air’ as the International Monetary Fund warned global growth is falling to its slowest rate since the financial crisis. Daily Express :: City and Business Feed

THE pound remained muted against the US dollar today, with the pairing currently trading around $ 1.287 as Boris Johnson races against the clock to get MPs to back his Brexit deal. Daily Express :: City and Business Feed

THE pound euro exchange rate held steady today, with the pairing currently trading around €1.158 after German Chancellor Angela Merkel said a Brexit extension would be unavoidable if Boris Johnson’s deal fails to gain Parliamentary assent in Saturday’s decisive vote. Daily Express :: City and Business Feed

EUROZONE inflation has slumped to its slowest pace in three years sparking fears over the future of the single currency economy. Daily Express :: City and Business Feed

The pound slumped against the euro this afternoon, with the pairing currently trading at around €1.153 as a volatile GBP/EUR exchange rate saw the pairing fluctuate wildly on announcements that the UK and EU had secured a Brexit deal. Daily Express :: City and Business Feed