Sep
28
EUR still in danger but strengthens slightly
Filed Under Currency UK in the Press | Comments Off
Hope has this morning evaporated that the Euro zone is close to finding a solution to the Sovereign debt crisis. Yesterday, I commented on speculation that there would be a three pronged attack involving the ECB, EFSF and Private Bond Holders. But, each of these prongs has now been bent out of shape by statements [...]
Aug
1
Interest rates vs debt issues
Filed Under Currency UK in the Press | Comments Off
Undoubtedly today’s events will be dominated by the release of the US GDP figures. Consensus forecasts expect annualised growth of 3.5% with any substantial deviation from this figure having the potential to cause USD volatility with other major currencies.
In the UK there are no new releases of data today. However, it is worth pointing [...]
Jul
14
Kate and William give UK Wine a boost
Filed Under Currency UK in the Press | Comments Off
British wine has enjoyed a surge in foreign sales after home-grown wine was served at the royal wedding, right, a currency broker said.
Foreign transactions for UK vineyards including Camel Valley in Cornwall have risen 37 per cent, Currency UK said. Camel Valley said: “We’ve had buyers from Japan and Hong Kong [...]
Jun
2
Not very positive for GBP
Filed Under Currency UK in the Press | Comments Off
Hopes for an economic revival took a major setback yesterday as activity in the manufacturing sector slumped to levels last seen during the recession, mortgage approvals crashed to a record low for April and Britain was officially declared one of the gloomiest nations in the world. What a day!
The manufacturing PMI index fell more sharply [...]
Feb
24
3 out 10 Brits….click to see
Filed Under Currency UK in the Press | Comments Off
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 [...]
Feb
21
Selling property abroad?
Filed Under Currency UK in the Press | Comments Off
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 [...]
Oct
11
Currency UK on www.telegraph.co.uk
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The survey shows that nearly 60 per cent of British expats left the UK for work reasons. A third of those who are expats for work reasons fall into the 45-55 year age group – and half of them say they’ve no plans to return home … read more at:
Telegraph Online
Aug
18
Banks Scoop Income From Banker’s Bonuses
Filed Under Currency UK in the Press | Comments Off
International banks are cashing in on the back of their staff bonuses according to foreign exchange specialist, Currency UK.
The company has seen a dramatic rise in bankers using its service to transfer bonuses, which have been paid in US Dollars, back into Sterling.
Their employers have been charging British staff fees of up to £2,500 just [...]
May
13
Currency UK in The Herald
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Only 19% of expats say they are likely to return to the UK compared to 26% in 2008, according to the third annual ‘quality of life’ report from NatWest International Personal Banking. It found 90% of expats saying they are financially secure, and reporting salaries on average 20% higher than at home, and 89% believing they enjoy a better quality of life.
May
10
Australia tops the Brit emigration list
Filed Under Currency UK in the Press | Comments Off
The survey, carried out on behalf of foreign exchange brokers Currency UK and released on Sunday, found Australia was the favoured destination for would-be expats.