Market news
Sterling jumps on CPI data
13/05/2008
Sterling has jumped following the release of the CPI data this morning. Markets expectations of a small rise to 2.6% were well short of the 3% actual figure. The data further highlights the difficulties ahead for the bank of England as they juggle inflation with a slowdown in growth. £-usd up to 1.9575 from 1.9510 pre data with £-eur at 1.2620 from 1.2575.
Xchange Business to unify with sister company No1 Currency
11/04/2008
No1 Currency, the foreign currency specialist, with 225 high street bureaux de change outlets throughout the UK, are bringing their Xchange Business brand that specialises in worldwide currency transfers, under the one identity as part of a multi-facetted re-positioning of the company’s overall business strategy.
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We have been using The No1 Currency for the last five years to transfer funds to our various foreign suppliers... We have been extremely happy with the service received and would have no hesitation in recommending them to others.
Harry Taylor
Imaging Systems Limited
Latest Bulletin
- Poor U.S. data underline slowdown - Multi year data lows suggest potential for deep recession
- Gloomy Fed outlook raises risk aversion - Growth and employment set to fall further
- Central Bank minutes to dominate the day - All eyes on MPC minutes today with FOMC to follow this evening
- UK inflation set to fall - Peak in inflation to set the tone for further rate cuts
- Uninspiring G20 meeting - markets left disappointed by lack of developments