Business

DEVELOPMENT of the world’s first raspberry picking robot is gathering pace as UK start up Fieldwork Robotics sets its sights on manufacturing in Britain next year and securing £1million of further investment. Daily Express :: City and Business Feed

The pound rose against the US dollar this afternoon with the pairing currently trading at around $ 1.226 as the ‘greenback’ slumped on September data revealing the weakest US inflation reading since January. With US data also revealing a retreat in underlying inflation, expectations for another near-term Federal Reserve rate cut increased. Daily Express :: City and Business Feed

The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...

THE pound US dollar exchange rate steadied at around $ 1.221 today as UK-EU Brexit talks ground to a halt with just 22 days to go until the deadline. Daily Express :: City and Business Feed

THE pound slumped against the euro this afternoon, with the pairing currently trading at around €1.112 as the EU refuted news they were prepared to offer a major Brexit concession. Daily Express :: City and Business Feed

BITCOIN’S recent woes look set to continue as the world’s leading cryptocurrency struggles to get up off the canvas following a knockout blow more than two weeks ago. Daily Express :: City and Business Feed

POUND sterling jumped more than 0.5 percent this morning after reports the European Union was ready to offer Boris Johnson a major concession in a last-ditch attempt to revive a Brexit deal. Daily Express :: City and Business Feed

DEUTSCHE BANK is to make half of its planned 18,000 job cuts in Germany, insiders have said. Daily Express :: City and Business Feed

The pound-euro exchange rate fell by 0.6 percent today, with the pairing currently trading around €1.112 following contentious talks between Prime Minister Boris Johnson and German Chancellor Angela Merkel in which the German premier described Mr Johnson’s “final” deal proposal as “unworkable”. Daily Express :: City and Business Feed

The pound slumped against the US dollar this afternoon with the pairing currently trading at around $ 1.220. The dollar continued to rise against the pound today despite data revealing US producer prices suffered their largest decline in eight months. Daily Express :: City and Business Feed