Category Archives: Business

Pound US dollar exchange rate: GBP muted despite surging UK retail sales

This is despite UK retail sales smashing expectations and rising by a 6.7 per cent in March, on an annual basis. The Office for National Statistics (ONS) said the surge in spending was thanks to an increase of sales at food stores and non-store retailing such as internet sites. Many stores …

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Brexit Project Fear SMASHED: UK is NUMBER ONE for business investment, survey says

The UK has emerged as the top place for those who do business with mergers and acquisitions despite political uncertainty creating questions about the economy. The EY biannual Global Capital Barometer survey put the UK in number one place for business destinations for the first time in the…

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British Malagasy chocolate firm that is causing more than a ripple worldwide

The high cocoa content – up to 100 percent cocoa solids – low to zero sugar levels and organic options score well on the calorie cutting, diabetic and health fronts. 
Now the brand’s latest launch brings vegans further into the fold with Milc, a light chocolate alternative whose creaminess come…

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Pound LIVE: GBP Sterling higher against weakened euro as Germany manufacturing SHRINKS

Sterling climbing against the euro shortly after a business survey showed the German manufacturing sector contracted for the fourth month in a row. The German flash manufacturing PMI was weaker than expected at 44.5 in April, well below the 50.0 mark separating growth from contraction. The fig…

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UK jobs market SHRUGS off Brexit uncertainty: RECORD numbers in work as wages tick higher

The number of people classed as employed has reached a record high of 32.7 million, the highest level since records began in 1971, according to official figures from the Office for National Statistics. Unemployment fell by 27,000 to 1.34 million, with the rate of 3.9 percent now lower than at…

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