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With the UK having officially left the European Union, agreeing a deal in the process, there are certain things that have changed in terms of the way UK businesses and private individuals deal with the EU. One of the more significant changes has been that there is now more ‘red…
After four turbulent years, the Trump era comes to an end. During a term defined by the trade war with China, lower taxes, and near-constant domestic controversy, the Dollar quietly ticked upwards until the COVID-19 crisis caused a 7% slide in 2020. With a new administration headed to the White…
If you keep abreast of currency markets and the various domestic, foreign, and economic factors that influence them, you can rationalise the direction of your trades with relative ease, particularly if you are well informed, aware of the geopolitical contexts and overall market trends. However, what can be less clear…
After 4 and a half years, the nature and terms of Britain’s new trading relationship with the EU finally came into sharp view on Christmas Eve. The transition period is now over. The United Kingdom now exists as a ‘third country’ in EU trading terms. But what does this mean…
The coronavirus pandemic has caused damage in many ways, and as we come out of lockdown and measures are being eased, the true extent of the damage that has been caused is likely to become clearer. A bleak financial outlook is on the cards for most countries following the strain…
People who take on projects overseas sometimes move to work in that country for a limited amount of time, this could be a few months or even a few years, depending on the scale of the project. The majority of these people still have commitments in their home country while…
The esports industry is one that is growing rapidly and as the number of professional gamers and audiences sizes both increase, more and more businesses are sitting up and taking notice. This has particularly been the case throughout Covid19 as many professional sports competitions have faced cancellation or postponement, many…
Whilst for most of us the Brexit negotiations and finer details of how we will leave the EU are far from people’s minds due to the Coronavirus outbreak, the UK government is still adamant that we will have a deal on the table by the end of 2020. During this…
At a time where saving money for businesses is crucial, finance teams need to be aware of how this can be done and explore every cost-saving option. Foreign exchange costs are a problem for many businesses who import or export overseas and for those who may have had a drop…
We’ve already seen how the global pandemic can affect foreign exchange. Market volatility is always a risk for businesses that deal with international payments. Changes in an exchange rate can push up the cost of goods and services which can put profits at risk as well as making it more…