Category Archives: Business

Pound Euro exchange rate: GBP/EUR left flat as German economy in ‘midst of a recession’

Weaker demand caused German industrial orders to slump to a lower-than-expected -0.6 per cent in August while data also revealed that export-reliant manufacturers were suffering due to a global economic slowdown, uncertainty from Brexit and US-China trade tensions. Thomas Gitzel, VP Bank Group economist said: “The German economy is in the midst of a recession. Today’s […]

Jukebox supremo’s GameStation Move to entertain kids in hospital and care home elderly   

GameStation Move offers many notes of cheer and respite from the harsh realities of ill health with its simple-to-operate Xbox One or PlayStation 4 consoles that are able to play games, DVDs and music, both CDs and digital, as well as connect to the internet. Designed with secure storage, relaxing lighting and chargeable USB points, […]

Fit and ready UK firms shine on Rugby World Cup stage 

The posts, made locally in Lowestoft, are part of a £100,000 partnership deal with Japanese business Kofu Field Company and £500,000 package of exports to Japan. The Department for International Trade (DIT) supported the company when it set up its distributorship in Japan and has since helped it secure worldwide events such as the Pan […]

Pound Euro exchange rate: GBP/EUR slides as Brexit pessimism plagues UK manufacturing

Commenting on this, British Chamber of Commerce head of economics, Suren Thiru said: “Our findings point to a worrying drop-off in UK economic activity, with unrelenting uncertainty over Brexit and a notable slowing in global growth prospects dragging down almost all the key indicators in the quarter.” Sterling sentiment was further dampened by reports revealing the […]

Stormy times warning as a major car brand is predicted to fail in next three years

More than half of respondents to The Innovation Race – a Protolabs report that explores the challenges and opportunities for Europe’s car makers – expect a big name to fall victim to the unprecedented period of change currently being seen across the globe. Stricter environmental regulation in the coming 12 months was deemed to be […]

Pound US dollar exchange rate steady, UK awaits EU’s verdict on new Brexit plan

As investors await the EU’s formal verdict on the new proposal, uncertainty continues to haunt UK markets, a sentiment exacerbated by Boris Johnson asserting that an EU rejection of his ‘final’ proposal would leave a no deal outcome as the sole alternative. With no notable UK ecostats due until next week, Brexit news will continue to […]

Is Google’s supercomputer about to DESTROY Bitcoin?

It uses cryptography, a form of coding originating from the Second World War, to process transactions securely. Its major appeal is it’s almost impossible to crack and is independent from established financial systems. It is usually traded through specialist online exchanges. But Google announced it has built a quantum computer that can crack mathematical calculations previously […]