Business

Pound euro exchange rate: No-deal Brexit ‘far more likely’ as Boris attends Berlin talks

Pound euro exchange rate: No-deal Brexit ‘far more likely’ as Boris attends Berlin talks This suggests the pound is back on the defensive again with persistent Brexit jitters stifling Sterling sentiment. Markets continue to wrestle with the prospect of a no-deal Brexit in October as Boris Johnson’s increasingly hard-line stance on Brexit ruffles feathers in the EU. The PM’s calls for ...

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World-beating The 25 sets course for next generation of B&B hopefuls

World-beating The 25 sets course for next generation of B&B hopefuls A warts’n’all training course for others nursing a B&B business dream is planned for 2020 and the couple are also looking at a move into the self-catering apartment sector. Travellers on TripAdvisor voted The 25 tops this year for service, quality, price and sheer stylish ‘wow’ factor, an award that ...

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Pound US dollar exchange rate: GBP/USD eases as no-deal fears rise

Pound US dollar exchange rate: GBP/USD eases as no-deal fears rise Ireland’s Deputy Prime Minister Simon Covey poured further fuel on the Brexit fire when he said a disorderly exit from the EU was now “far more likely”, blaming Boris Johnson’s faltering negotiations. This follows Mr Johnson’s letter to President of the European Council, Donald Tusk, in which he referred to ...

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Elon Musk shock: SpaceX billionaire issues bombshell prediction on future of money

Elon Musk shock: SpaceX billionaire issues bombshell prediction on future of money The Silicon Valley billionaire also claimed cryptocurrency is a “far better way” to transfer value than cash. Elon Musk made the comments back in February, during a podcast interview with ARK Invest on electric vehicles and self-driving cars. Musk said: “Paper money is going away and crypto is ...

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Pound US dollar exchange rate: EU rejects Boris Johnson’s backstop proposal, GBP/USD slump

Pound US dollar exchange rate: EU rejects Boris Johnson’s backstop proposal, GBP/USD slump In a four-page letter to European Council President Donald Tusk, the PM called for the “unviable” and “anti-democratic” backstop to be dropped, claiming it would risk undermining the Good Friday peace agreement. Mr Johnson suggested the backstop be replaced with “flexible and creative solutions” and a border maintained ...

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World’s youngest bitcoin millionaire goes head-to-head with Facebook

World’s youngest bitcoin millionaire goes head-to-head with Facebook Now 20, the US millionaire is putting everything into Metal with his QuickCoin partner Marshall Hayner. Functioning as a P2P payment system, Metal supports a variety of tokens as well as the cryptocurrency market’s dominant players like BTC and ETH. Taking to Twitter – where he is regarded as something of an agent ...

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Pound euro exchange rate steady as Italy’s PM quits amid coalition chaos

Pound euro exchange rate steady as Italy’s PM quits amid coalition chaos However, as Mr Salvini has indicated a willingness to pair with the 5-Star Movement – which would bolster the League’s majority against the centre-left Democratic Party – Euro traders remain jittery. Five Star Movement leader Luigi Di Maio was critical of Mr Salvini, saying: “[Today is the] day when ...

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Capital growth: One in 10 Londoners own crypto – and most of them are ‘risk takers’

Capital growth: One in 10 Londoners own crypto – and most of them are ‘risk takers’ Alarmingly, the research also found that 56 percent of crypto holders admit to being risk-takers and basing decisions on “gut feeling”, enjoy gambling, and are 41 percent more likely to have taken out a short-term loan. Interestingly, while most crypto owners are men, a fifth of cryptocurrency owners are female ...

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Pound euro exchange rate: GBP/EUR eases despite Eurozone inflation hitting a two-year low

Pound euro exchange rate: GBP/EUR eases despite Eurozone inflation hitting a two-year low “Concerns about a global downturn are deepening, as Germany’s economy shrank in the second quarter while growth in the 19-nation region came in at just 0.2 [percent].” Euro traders remain cautious as they anticipate an announcement from the ECB for fresh stimulus measures in September – an attempt ...

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Pound US dollar exchange rate: GBP/USD weakens as Trump plays down US recession fears

Pound US dollar exchange rate: GBP/USD weakens as Trump plays down US recession fears Speaking to reporters on Sunday, President Trump claimed the recession was the prediction of only a few economists while extolling the virtues of his own tax cuts: “We are doing tremendously well. Consumers are rich, tax cut loaded up with money. I saw Walmart numbers through the ...

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