Search Results for: Pound
EU to hit UK with £50 billion Brexit settlement
December 17th, 2016
The European Commission’s chief negotiator has said that the UK would have to pay a Brexit settlement fee of €50-€60 billion (£42-£50 billion). Michel Barnier mentioned the figure to EU leaders, according to Sky News. Expected to be one ...
London House Prices Are Having Their Worst December in Years
December 12th, 2016
Weakness in housing market led by prime areas of the capital Rightmove forecasts declines will continue into 2017 London home prices are having their worst December in six years, led by weakness in prime areas in the capital that ...
Oil price heads to $55 despite expected output rise
December 6th, 2016
Russia and Saudi Arabia predicted to increase exports before agreed cuts start in January The oil price is powering on, adding to a 14 per cent advance since the middle of last week following the landmark deal from Opec ...
Euro Projected to Weaken against the Dollar
December 5th, 2016
For the Euro to move higher tapering the asset purchase programme must be mentioned at Thursday’s ECB meeting but also keep an eye out for the abolition of the ‘capital key.’ The Euro will probably weaken against the Dollar ...
Euro Slips With Asian Stocks While Bonds Rise as Italy Votes No
December 5th, 2016
Renzi to resign as referendum defeated; Kiwi down as Key quits Yuan falls offshore on Trump tweets; oil drops on U.S. output The euro retreated with stocks, while bonds rose, amid concern the failure of Italy’s referendum on constitutional ...
Rolls-Royce cuts another 800 marine division jobs
December 1st, 2016
Rolls-Royce Holdings PLC RYCEY, +0.41% will reduce its marine division’s workforce by a further 800 as part of a plan to reduces losses at the unit. The British aircraft-engine maker said Thursday that this reflected the continuing weakness in ...
What It’s better to invest in than Gold? Whiskey!
December 1st, 2016
Invest in Whiskey, It’s Better Than Gold While it gathers dust on your shelf along with your other spirits, you may be surprised to learn that your whisky might also be gathering interest—significant interest at that. Scotch single malt ...
Is Italy’s Referendum a move towards Italy’s EU Exit?
December 1st, 2016
The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance? Italy’s referendum on ...
US dollar rise may end soon, says top banker
November 28th, 2016
The dollar’s awe-inspiring ascent since Donald Trump’s surprise win in the US elections may soon come to an end because the greenback is starting to look overvalued compared to its battered peers, forecasts Mario Camara, the head of the ...
Half Of The Population Of The World Is Dirt Poor – And The Global Elite Want To Keep It That Way
November 24th, 2016
Could you survive on just $2.50 a day? According to Compassion International, approximately half of the population of the entire planet currently lives on $2.50 a day or less. Meanwhile, those hoarding wealth at the very top of the ...
