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Pound v euro: GBP/EUR exchange rate drops -0.3 percent on Jeremy Hunt’s Brexit warning | City & Business | Finance

This warning from Foreign Secretary Jeremy Hunt has lowered demand for the pound, taking the GBP/EUR exchange rate to €1.115 – its worst levels of the week. Mr Hunt has added his voice to many warning about the consequences of a bad Brexit deal, saying: “[A no-deal Brexit] would be …

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Pound US dollar exchange rate: GBP rises on impressive retail sector recovery | City & Business | Finance

In the bigger picture, however, the pound is still clawing back losses from earlier in the week when the pound US dollar exchange rate hit a high of $1.281. Today’s July retail sales figures have beaten forecasts on all counts, showing higher-than-expected levels of growth for the monthly and annual …

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Bitcoin price: ‘EXCITING steps’ await crypto world as World Bank sets sight on blockchain | City & Business | Finance

eToro senior analyst Mati Greenspan said the announcement of a new blockchain venture between the World Bank and the Commonwealth Bank of Australia (CBA) bodes well for the integration of cryptocurrencies in the traditional financial world. The World Bank teamed up with the CBA to launch the world’s first blockchain …

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Poundland will coin it in £26bn beauty market | City & Business | Finance

The group said that its £6, six-piece skincare range will “inject some everyday luxury” into beauty routines. Products will include micellar cleansing water, day and night anti-ageing creams, collagen filler, eye cream and derma serum. Research by Global Data shows annual spend per head on skincare is set to rise …

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Pound euro exchange rate: Turkey lira meltdown helps GBP edge away from worst rates | City & Business | Finance

Following a week which saw pound hit its lowest rate against the euro since September 2017, Sterling has managed to halt its recent downtrend. While the pound derived little support from last Friday’s UK growth data, the escalating financial crisis in Turkey has proved negative to the euro. This is …

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Bitcoin price LIVE: Crypto prices rally into the green but it may not be recovery | City & Business | Finance

DAILY HEADLINES Good afternoon and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime.  Some good news finally arrives for crypto investors as bitcoin prices slowly climb back into the green and sustain.  BTC rose 3.21 percent to trade at $6,348.56 as of 12am today. …

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Pound US dollar exchange rate: GBP drops as UK GDP growth fails to impress | City & Business | Finance

While quarter-on-quarter and year-on-year economic growth has been pencilled in, however, the underlying data has done little to reassure GBP traders. For one thing, the national trade deficit has expanded, as detailed by Rob-Kent Smith of the Office for National Statistics (ONS). He said: “The economy picked up a little …

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Bitcoin price news: Hedge fund CEO says bitcoin price will RISE- but gives stark warning | City & Business | Finance

Dan Morehead, the CEO of Pantera Capital said bitcoin price would rise but that cryptocurrency mining does not have any fixed support like other markets such as copper so cryptocurrency companies risk running losses for months. Mr Morehead told CNBC: “I think it is very difficult to ever do real …

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FRENCHIC: British eco PAINT brand delivers a décor revolution for upcyclers and shops | City & Business | Finance

Selling through its own website and 450 independent retailers, the maker’s chalk and mineral-based products are outpacing industry trends with a 33 per cent annual growth rate as more consumers convert to upcycling, the burgeoning re-use movement dedicated to breathing new life and quality into old items. No toxins, no …

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