Check out our blog every morning to see the latest news that will affect your currency transfer rate, so you know what to expect over the coming day/week.
Friday’s downward revision of Q4 GDP from a 0.5% to a 0.6% contraction adds yet another headache for the Bank of England’s MPC - as it walks the fine line between controlling inflation and supporting growth.
VIEW FULL ARTICLEAustralia is a popular choice for British emigration. A recent survey undertaken by Currency UK, a foreign exchange broker, found that three out of 10 Brits would like to immigrate Down Under. Comparing this year's poll with one conducted in 2005, we see that the number of Brits who would...
VIEW FULL ARTICLEWell the rumours were almost true, a third person did in fact vote for a rate hike, but it wasn’t the rumoured Vice Chancellor, Charlie Bean, but in fact BOE chief economist Spencer Dale. It meant the February meeting was split 6-3 in favour of keeping rates on hold and...
VIEW FULL ARTICLEToday is an important day in foreign currency, particularly for users of Pounds Sterling. The release of the MPC minutes at 9.30 GMT will show how the current dynamics of the MPC are playing up. So has someone else joined the group for a rate hike or not? Well, Vice...
VIEW FULL ARTICLEThe list, compiled annually by The Economist Intelligence Unit, is based on a study of 140 cities around the world. It rates cities across five areas: stability, healthcare, culture and environment, education and infrastructure.
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VIEW FULL ARTICLEYesterday was a relatively quiet day in the currency markets with the US holiday meaning volumes were low and currency pairs were trading in narrow ranges.In economic releases today we have the UK public borrowing figures, which in recent times have had the people at HM Treasury shaking in their boots.
VIEW FULL ARTICLESeven years ago, Marian Henderson moved to the south of Spain with £1million in her pocket.But when - or perhaps that should be if - she finally makes it back to Britain, she will be lucky to do so with one quarter of that sum.
VIEW FULL ARTICLEThis week is another busy one as far as economic releases are concerned, with the pick of the bunch being Wednesday’s release of the BOE’s MPC minutes. The mere rumour that a third person had joined the call for a rate hike had Sterling appreciating against a basket of global...
VIEW FULL ARTICLEWell who would want to be an MPC member right now? This morning, Ed Balls is cited in the press criticising King’s effective endorsement of the coalition’s austerity measures, they have critics claiming inflation is out of control and even a member of the MPC committee, Andrew Sentence, effectively saying...
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