Articles Archive for March 2017
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The UK is officially on the road to Brexit. After all the build-up, the impact of the activation of Article 50 on the currency market was rather muted. GBP/EUR actually gained slightly on the euro, rising from €1.1479 to €1.1553, while GBP/USD clung to the $1.2424 level. Sterling failed to hold its own against the [...]
article 50, Currencies, French News, sterling »
Philip Hammond started off with a remark that Chancellors in his position rarely get to make during a Budget announcement; a higher than expected growth of 2% for the UK economy, up from 1.4%. During his speech, he announced that National Insurance contributions for the self-employed is to increase by 1 per cent to 10 [...]