Pound euro exchange rate steady, Eurozone inflation hits 6-month high in December

The pound euro exchange rate is currently trading around €1.176, little changed from the day’s opening levels, after December’s flash Eurozone core inflation figure hit a 6-month high of 1.3 percent. But with the European Central Bank unlikely to pursue monetary tightening this year, the report failed to boost the single currency. Daily Express :: City and Business Feed

Starling Bank report reveals shock toll financial admin takes on small traders

They are fantastic wealth generators, but the smallest firms pay the highest price when it comes to financial admin with new research from Starling Bank revealing that micro-businesses spend 10 weeks a year sorting out their accounts, payments and the like. The Make Business Simple report from digital and mobile-based operator Starling highlights the often hidden toll taken on the UK’s 5.4 million traders employing fewer than 10 people. Daily Express… Read More »Starling Bank report reveals shock toll financial admin takes on small traders

Pound US dollar exchange rate up as business optimism lifts December’s services activity

The pound US dollar exchange rate rose to $ 1.315 today after the UK Markit Services PMI beat forecasts and narrowly avoided contraction by rising from 49 to 50.0. After Prime Minister Boris Johnson’s election victory last month, output in the UK’s most dominant sector improved, giving the pound a boost in the process. Daily Express :: City and Business Feed

Bitcoin kicks off 2020 with dazzling display of volatility

BITCOIN celebrated its 11th birthday today with a dramatic price rise of almost $ 400. The sudden spike capped a restless start to the new year as the cryptocurrency bounced between $ 7,300 and $ 7,100. Daily Express :: City and Business Feed