Finance

Speculation that the pound is set to reach parity with the Euro is rife after construction PMI data highlights Brexit’s negative impact on the economy. Following a week of heightened tensions over the North Korean missile aggression and stalled Brexit negotiations sterling took yet another battering at the start of the month as Construction PMI data reveals weak economic growth and a new BBC survey finds an interest rate rise from the BoE is unlikely until 2019. Commenting on the results Paresh Davdra, CEO...

Anyone heading abroad for some last-minute sun will be disappointed to hear that the pound has fallen to a new eight year low against the euro due to global instability. Britain's currency tumbled to 1.075 against the euro before picking up to around 1.079 on Wednesday, as the third round of Brexit talks between Britain's David Davis and Michel Barnier begin. With the uncertainty surrounding Brexit likely to persist for some time, investors will continue to view the euro as...

Bitcoin has gained much media attention over recent months. The original cryptocurrency brand has come a long way in less than a decade. Launching at a price of just six cents, the electronic asset is now worth more than $3500 per token. Earlier this month, Bitcoin touched new highs of over $4000. With the current crypto mania well under way, many new potential investors and speculators are now taking to this virtual currency in a desperate search for yield. This...

For some people, investing just isn't exciting enough. They love watching their money grow and knowing that they're providing for their future plans, but the actual tools they use for investment just feel a little bland. A fund is a fund, a bond is a bond. Some investors just need an instrument with some personality. The reason so many people feel this way is that they often don't understand that they can actually meet that goal. They can earn a...

Bitcoin reached a price of $4,466 on August 16, 2017, before retreating sharply to $3,989 on August 18, 2017. It has since consolidated in a tight trading range between $4,160 on the high-end and $3,979 on the low end. The explosive rally of the past 1-month gained momentum on 2 August 2017 and reached a high two weeks later. It has largely been holding above the critical $4,000 support level, and trading volumes remain high. Breaking New Ground: Bitcoin Valuation...

Low interest rates are forcing Brits to switch traditional savings for more quirky investments – including books, vinyl records and TOYS. First editions by famous authors top the alternative investment chart, followed by collectable coins, toys, antiques and classic vinyl. Stamps, designer clothes, works of art and classic cars also appear on the list, which emerged from a survey of 2,000 investors by comparethemarket.com. Smart savings included: A “tatty” old watch bought for £6 at a car boot sale –...

With soaring rents, extortionate beer prices, and overall higher costs of living, London is one of the most expensive cities in the world to live in. It's no wonder that people are searching for ways to earn extra money in London. With key workers like police and nurses, and others earning average salaries struggling to keep their heads above water in mind, we've compiled a list of 12 ways to earn extra money in London. There are opportunities to supplement...

Figures released by High Pay Centre are a ‘scandal’, says GMB union It would take a worker on a normal salary more than 150 years to earn the average yearly pay packet trousered by top chief executives FTSE100 companies, says GMB. Figures released by the High Pay Centre and the Chartered Institute of Personnel and Development today show the average pay received by CEOs of FTSE100 listed companies in 2016 was £4.5million. The average median full time wage in the...

Virgin Media has announced the second ubiquitous price rise for its customers this year. Prices for the majority of customers will increase by an average of 4.7 per cent from November 2017, which is the second hike to be announced this year. Similar price changes on deals for new customers have also taken place today. Commenting on the results, Dan Howdle, consumer telecoms analyst at Cable.co.uk, says: "With inflation back in the room and with Virgin Media having announced in...