Business

US-China showdown: Global economy ‘will plunge into recession’ if G20 meeting turns sour

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June 26, 2019

THE global economy could be plunged into recession if talks between United States President Donald Trump and China President Xi Jinping end badly when the two leaders meet this weekend at the G20 summit, an analyst has warned. Daily Express :: City and Business Feed

Bank of England no deal Brexit fears have risen: Will Bank of England cut interest rates?

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June 26, 2019

THE BANK OF ENGLAND has warned a no deal Brexit could send shockwaves through the British economy – but will the UK’s central bank cut interest rates as fears of a no deal Brexit soar? Daily Express :: City and Business Feed

Bitcoin rockets toward $13,000 – BTC up 240 percent this year, Facebook ‘pushes it higher’

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June 26, 2019

BITCOIN is hurtling toward $ 13,000 as the world’s biggest cryptocurrency extends gains to jump to an 18-month high. Daily Express :: City and Business Feed

Pound US Dollar (GBP/USD) exchange rate down 1 cent

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June 26, 2019

The GBP/USD exchange rate fell from $ 1.276 to $ 1.266 yesterday and continues trading around its lowest levels. This follows last night’s comments from Federal Reserve chief Jerome Powell, who was keen to stress the Federal Reserve’s independence following President Trump’s recent criticism. Daily Express :: City and Business Feed

Aldi to soon own 1,000 UK stores as it opens 21 more in bid to cover every town in country

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June 25, 2019

ALDI is opening 21 new stores across the UK over the next six months as the German supermarket surges ahead with plans to reach more than 1,000 branches. Daily Express :: City and Business Feed

Pound US dollar exchange rate: GBP flat as Donald Trump hits Iran with sanctions

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June 25, 2019

THE pound US dollar exchange rate is currently trading in the region of $ 1.275, up slightly from the day’s opening levels. Daily Express :: City and Business Feed

Germany warning: Economy heading for major downturn as confidence slips to new low

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June 25, 2019

GERMANY is facing more economic woes as business morale tumbled to its lowest level in more than four-and-a-half years. Daily Express :: City and Business Feed

Gold up 10 percent in last four weeks – and experts predict prices will keep rising

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June 25, 2019

GOLD has leapt 10 percent in price in the last four weeks after soaring to levels not seen in six years. Daily Express :: City and Business Feed

Pound euro exchange rate: GBP rises as French business confidence drops

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June 25, 2019

THE pound euro exchange rate edged higher this morning and is fluctuating around €1.120. Daily Express :: City and Business Feed

Southern Water hit with record £126million penalty – customers get rebates over five years

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June 25, 2019

SOUTHERN WATER has been hit with a record £126million penalty and will issue rebates to customers over the next five years following a “shocking” probe. Daily Express :: City and Business Feed