Brexit latest. UK Election called for 12th December.Read more
The US dollar hit a 9 year high against other major currencies amid speculation that real interest rates in the US will rise relative to the Euro, the world’s second most important currency, as the ECB is likely to launch a round asset purchasing leading to quantitative easing. Indeed, the Euro itself hit a 9 year low, dipping under $1.20, at $1.194. Markets are concerned that the outlook for the Eurozone looks poor, with worries of a possible Greek exit - which now seems supported by Angela Merkel. At the same time it is expected that the US Federal Reserve will raise rates.
UK economy contracts by 0.2% in 2nd quarter of 2019.Read more
Regulators find leading model agencies guilty of price fixing.Read more
Costs and benefits of customs unions.Read more
Savings ratio falls to lowest level on record.Read more