Finance News

Pound Euro exchange rate: GBP/EUR rises despite Speaker denying ‘meaningful vote’

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 :: Finance Feed

‘It’ll NEVER happen’ – Finance expert blasts Facebook cryptocurrency 

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 :: Finance Feed