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  Currency UK is one of the UK's leading foreign exchange brokers.

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Friday’s downward revision of Q4 GDP from a 0.5% to a 0.6% contraction adds yet another headache for the Bank of England’s MPC – as it walks the fine line between controlling inflation and supporting growth. These figures may make policymakers think twice about raising interest rates in the near term, with the recent release [...]

Australia is a popular choice for British emigration. A recent survey undertaken by Currency UK, a foreign exchange broker, found that three out of 10 Brits would like to immigrate Down Under. Comparing this year’s poll with one conducted in 2005, we see that the number of Brits who would consider moving has increased from [...]

Well the rumours were almost true, a third person did in fact vote for a rate hike, but it wasn’t the rumoured Vice Chancellor, Charlie Bean, but in fact BOE chief economist Spencer Dale. It meant the February meeting was split 6-3 in favour of keeping rates on hold and for all you trivia buffs [...]

The mere rumour that a third person had voted for a rate hike had Sterling strengthening at the tail end of last week. If someone has moved camp and that person was the Vice Chancellor, it would show the extent of division amongst the committee.

The list, compiled annually by The Economist Intelligence Unit, is based on a study of 140 cities around the world. It rates cities across five areas: stability, healthcare, culture and environment, education and infrastructure.
Vancouver managed to score 98 points out of 100 mainly thanks to its high standards in terms of healthcare and education. It [...]

Exporters Should Act Now to Beat Rising Interest Rates, Says CurrencyUK – 22 Feb 11
As inflation continues to rise, speculation is rife that the Bank of England (BoE) is set to raise interest rates three times this year, with the first as early as May. Foreign exchange (FX) broker, CurrencyUK, is urging exporters to book [...]

Yesterday was a relatively quiet day in the currency markets with the US holiday meaning volumes were low and currency pairs were trading in narrow ranges.
In economic releases today we have the UK public borrowing figures, which in recent times have had the people at HM Treasury shaking in their boots. Today however could bring [...]

They dreamt of a better life on the Costas. Now villa values have HALVED, pensions have crashed – and they can’t afford to come home. Now for the really bad news, it’s about to get even worse.
The Spanish government estimates there are 700,000 unsold new-build houses across the country. Here, the Mail reveals the heartbreak [...]

This week is another busy one as far as economic releases are concerned, with the pick of the bunch being Wednesday’s release of the BOE’s MPC minutes. The mere rumour that a third person had joined the call for a rate hike had Sterling appreciating against a basket of global currencies at the tail end [...]

Well who would want to be an MPC member right now? This morning, Ed Balls is cited in the press criticising King’s effective endorsement of the coalition’s austerity measures, they have critics claiming inflation is out of control and even a member of the MPC committee, Andrew Sentence, effectively saying policy has been wrong and [...]

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