Sterling continues to take a beating
Sterling has been suffering another rocky week against the euro over the past week or so. The reasons for the ongoing fluctuations are various. Last week, the announcement of very sluggish economic growth in the first quarter, the lowest for about ten years, didn’t delight
How can marketplace sellers surf sterling weakness?
International growth is a vital horizon for serious ecommerce merchants. Selling to shoppers cross border is an obvious way to grow sales and margins but the mixed fortunes of sterling since the Brexit vote in June 2016 also make it a challenge. How have your
Pound slides as Brexit trade talks delayed until March
Pound sterling enjoyed something of a filip when it looked like solid progress had been made in the negotiations between the UK and the EU on the terms of Brexit. But with the news that the next stage will be much tougher with Brexit trade
Sterling edges up as UK government published Brexit impact reports
There is some hope that sterling may be on an upward trend with the recent response from the markets that the UK government will be releasing the impact reports it has compiled regarding the expected effects on different industries after Brexit. Brexit secretary David Davis bowed
Brexit, Sterling and You: What now for Britain’s importers and exporters?
On the 16th of November we will be holding a webinar with finance experts World First to explore the effects of Brexit on Sterling and how you it will and already is impacting your business. Despite government whitepapers on customs and international trade post-Brexit, we want
Latest UK inflation rates see GBP fall, says Currencies Direct
Sterling has taken another knock as the recent inflation rate announcement shows. Prices are rising much more quickly than wages and that's not good news and exacerbates the pressures sterling is already experiencing with regards to Brexit. As Currencies Direct noted: "UK inflation data was
Euro rises after Macron wins French Election
Following the election of Emmanuel Macron, who will become the next French President, the Euro climbed to its highest level in six months to peak above $1.10. The rise in the Euro wasn't stratospheric, investors had pretty much ruled out Marine Le Pen winning the second
UK SMEs facing £34.6bn US election currency risk
According to research done by World First, the economic volatility around the US election, and a weakening pound related to Brexit, have opened UK SMEs up to currency risks equating to £34.6bn. 38% of businesses are worried about currency volatility over the next three months Awaiting
Has the weak £ forced you to raise prices?
Analysis of 400,000 price movements by electrical comparison website Kagoo between July and October 2016 has shown that retailers have started to raise the prices of an increasing number of products as the impact of the weakening pound starts to be passed on to consumers. Thousands