Theresa May Will Trigger Article 50 On 15th March


Theresa May Will Trigger Article 50 On 15th March

Yes, you read that correctly, it is finally going to happen! For those of you who haven’t seen the latest from the House of Lords, Theresa May was defeated after the House stated that Ministers should guarantee EU national’s the right to stay in the UK after Brexit. The House of Lords has now passed […]

READ MORE

UK Retail Sales Shock Sterling

Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing expectations for a rise. December’s downwardly revised -2.1 percent was the second biggest monthly fall since comparable records began 20 years ago, and added to […]

READ MORE

UK Inflation Lower Than Expectations

British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data showed, adding to signs that consumer spending is starting to lose momentum. Robust consumer spending helped Britain’s economy to outpace its peers last year, even after June’s […]

READ MORE

May Must Get Parliament Approval For Brexit Negotiations

The Supreme Court ruled this morning that Prime Minister Theresa May must get parliament’s approval before she begins Britain’s formal exit from the European Union. The UK’s highest judicial body dismissed the government’s argument that May could simply use executive powers known as “royal prerogative” to invoke Article 50 of the EU’s Lisbon Treaty and […]

READ MORE

Thursday is key for the Euro

The euro held steady near a 3-week high today while bets on market volatility stayed close to their highest since June’s Brexit vote ahead of this week’s European Central Bank meeting due to give new guidance on its quantitative easing programme. Other major currency pairs were all trading in a tight range after a rollercoaster […]

READ MORE

Economy slows but not as much as expectations

Britain’s economic growth slowed only slightly in the three months after the Brexit vote, official data showed this morning defying warnings of a heavy hit and further diminishing the likelihood of the Bank of England cutting rates next week. The economy grew by 0.5 percent in the July-September period, less rapid than the unusually strong […]

READ MORE

Sterling drops after May’s Brexit comments this weekend

Sterling slid to a three-year low against the euro and a three-month low versus the dollar this morning, after a March deadline was set for the start of the formal process that will split Britain from the European Union. Britain’s Prime Minister Theresa May told her Conservative party’s annual conference on Sunday that she was […]

READ MORE

Sterling slips against Dollar

Sterling slipped back towards $1.30 on Tuesday on divergent expectations for monetary policy, with investors increasingly betting U.S. interest rates could rise by year-end while British rates may be cut again. With London markets closed on Monday for a national holiday, Tuesday marked the first full day of trading there since U.S. Federal Reserve Chair […]

READ MORE

Sterling up this morning

Sterling inched up on today after registering its strongest week in five against the dollar, as a run of robust economic data suggested Britain’s economy was faring better than expected following its vote to leave the European Union. The pound was boosted last week after inflation and retail sales numbers for July beat forecasts, adding […]

READ MORE

Sterling could drop further this Thursday

The monthly survey of purchasing managers in the construction sector inched down to the lowest reading since June 2009, well into contraction territory. However, the result was better than all forecasts in a poll of economists. The numbers nevertheless provide another sign that Britain’s economy is at risk of recession after June’s vote to leave […]

READ MORE
1 2 3

What's Going On?

Currencies 4 You Ltd is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House Victory Way Admirals Park, Crossway, Dartford, Kent, DA2 6QD. Currencies 4 You Ltd Payment and Foreign Currency Exchange Services are provided by Currency Cloud Limited and Equals Connect Limited. Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. FCA registration number: 900199. Payment Services are provided by Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508). | Terms and Conditions | Privacy Statement | Careers