Pound Euro exchange rate: Pound flat as UK housing market slows, Brexit in focus

One of the only data releases, the Rightmove House Price Index, showed that UK house prices rose at the slowest rate in a decade over the past year.This signalled that the housing market...

Capital Idea: City BANS all cash and launches own cryptocurrency

Now it has announced it will dump recognised legal money and instead adopt City Coin as its official currency.A form of digital cash, cryptocurrency uses encryption to secure transactions and control the creation...

Petrofac co-founder is accused posthumously of paying bribes

The co-founder of the oil company Petrofac has been posthumously accused of taking part in a scheme to pay multi-million dollar bribes to secure contracts. The Serious Fraud Office’s allegations against Maroun Semaan, who...

UK fracking industry pushes for review of earthquake limits

The UK’s nascent fracking firms are headed for a crunch moment that will determine whether the industry has a future, according to observers and insiders. The past fortnight has seen a concerted lobbying drive...

Pound to euro exchange rate: The SHOCK impact Brexit has on the pound REVEALED

Since the Brexit negotiations started, the pound has had a rough time. During the past two years, the pound has been on a roller-coaster ride with sterling affected by political uncertainty and fears...

EUROZONE BLOW: Car sales PLUNGE for firth straight quarter – EU alarm bells ringing

Figures released by the European Automobile Manufacturers Association revealed passenger car registrations dropped 4.6 percent compared to the same month last year to 1.23 million vehicles. Sales were down in the sectors largest...

EUROZONE CRISIS: Britain grows FASTER than Germany and Italy – EU on red alert

Following the latest gloomy figures, ratings agency Moody’s slashed Italy's forecast for GDP growth in Italy this year to between zero and 0.5 percent having initially predicted growth of 1.3 percent.The UK economy...

Is Bitcoin shaping up for a collapse?

Boredom and apathy are familiar bedfellows in this game.They creep into any market eventually.But, given bitcoin’s penchant for volatility, neglecting it for long spells could prove a risky tactic.Now, more than ever, BTC’s...

Pound euro exchange rate: GBP jumps as UK retail sales reveal shock expansion

Rhian Murphy, the Head of Retail Sales at the ONS stated: “Department stores were the only stores to show a decrease in both the quantity bought and the amount spent at negative 0.6%...

Pound US dollar exchange rate: GBP/USD climbs as Trump threatens national emergency

The White House press secretary, Sarah Huckabee Sanders, said in a statement: “President Trump will sign the government funding bill, and as he has stated before, he will also take other executive action...

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