Archiv: pound sterling (currency)


13.09.2019 - 12:20 [ Spectator ]

Brexit is already changing the British economy – for the better

First, we learnt that the economy overall expanded by 0.3 per cent in July, significantly faster than the 0.1 per cent expected, and better than most of our main rivals. Next, we found out that the trade deficit narrowed slightly as imports fell. Finally, we learned that employment was at record highs and that wages were still growing at record rates.

05.09.2019 - 13:50 [ Telegraph.co.uk ]

Pound soars as traders welcome Johnson’s triple defeat — live updates

– Sterling surges to five-week high against dollar and euro after MPs defeat Government over no-deal
– China and US agree to continue negotiations next month, sending stock markets up
– German factory data shows continued slowdown

20.08.2019 - 16:42 [ theSun.co.uk ]

EU-CONOMY: Germany’s central bank warns EU’s largest economy Germany is on the brink of recession as car manufacturing growth plummets and Brexit batters exports

EUROPE’S largest economy Germany could crash into recession as car manufacturing growth plummets and Brexit cripples exports, its central bank has warned.

Bundesbank said that lower consumer spending and softer overseas demand has caused the economic downturn.

12.08.2019 - 22:41 [ Spectator ]

With interest rates crashing, Boris is in luck – he can borrow his way out of any Brexit crisis

Is Boris Johnson the luckiest prime minister ever? This week, the Government can borrow money for ten years at 0.48 per cent and for thirty years at 1.16 per cent. At these rates, it would irresponsible not to borrow more.