Bank of England Governor Andrew Bailey. Dan Kitwood/WPA Pool/Getty Images The pound after the Bank of England said it's closely monitoring financial markets. The BoE didn't say it would take emergency action to stem the decline of the pound, which hit a record low earlier Monday. The pound fell by nearly 2% after the […]
Tag: Pound
A Place in the Sun couple in tears after pound drops overnight hiking value of dream home
Jasmine Harman certainly had her work cut out for her in the latest A Place in the Sun as Brian and Sue wanted a home on the outskirts of Axarquia which was a traditional Spanish villa and not overlooked by any other properties. They added their home needed two bedrooms minimum and a third would […]
Antiques Roadshow expert embarrassed by million pound blunder ‘Sorry to let you down’
“The catalogue of 1845 you’ve just shown me says Lely doesn’t it? Quite clearly. “But in those days they had somewhat a looser interpretation of the trade description act, if it indeed ever existed. “The thing about Lely, the great portrait painter that he was, is that when he died he left hundreds of unfinished […]
The Grand Tour season 4: Jeremy Clarkson denies huge multi-million pound budget
The Grand Tour is part-way through its fourth season, after the release of its first special, The Grand Tour Presents: Seamen. While the show has expanded its size and scale, so too has its budget. Although the budget is not common knowledge, the cast of the show discussed its budget in an unearthed video. Jeremy […]
Pound to euro exchange rate: Sterling ‘advances’ as Italy plunges into recession
The pound has climbed against the euro after figures showed Italy fell into recession at the end of 2018, while German consumers stopped spending in December. Sterling has endured a political rollercoaster this week after MPs voted in Parliament on Brexit for Prime Minister Theresa May to return to Brussels to try and thrash out […]
Pound to euro exchange rate ‘slides’ amid Brexit volatility – should you buy travel money?
The pound to euro exchange rate has decreased despite the odds of a no-deal Brexit slimming, experts have said. On Tuesday, after a day of debate concerning different amendments to the Withdrawal Agreement originally proposed by Prime Minister Theresa May, MPs supported a new approach to reopen the agreement and replace the backstop with “alternative […]
Pound to euro exchange rate: Brexit uncertainty sparks ‘higher’ exchange rate before vote
The ongoing Brexit uncertainty “lit a fire” sending the value of sterling soaring last week, according to experts. The failure of Prime Minister Theresa May and her government to find a divorce deal from the European Union has sparked unexpected consequences for the pound. Earlier this month, the pound reached a two month high against […]
Pound to euro exchange rate: Sterling value falls as euro could see another ‘lift’
The euro could see another “lift” against the value of the pound on Tuesday. Experts claim strong retail figures in the Eurozone have sparked the positive news, with an increase in consumer spending both on the month and on the year, while the worth of the pound dropped. Sterling is currently trading at €1.115 against the euro, […]
Pound to euro exchange rate: Brexit continues to propel sterling as GBP steadies
The pound remains propelled by Brexit this week and is steady against the major currencies. Sterling is currently trading at €1.113 against the euro, according to Bloomberg. Brexit continues to serve as a barometer for the pound’s movements against the euro. Prime Minister Theresa May has warned MPs that a second referendum on Britain leaving […]
Pound to euro exchange rate: Sterling holds as May returns to Brexit negotiations
The value of the pound against the euro has held today, after only having just slightly recovered following the leadership challenge on Wednesday night. The rate is now €1.1114 according to Bloomberg figures, while yesterday the pound rose against the euro at €1.110. The steady value of sterling comes as Theresa May returns to Brexit negotiations, […]