Posts
Speed is everything in today’s tech-driven business world. In an attempt to increase the pace even more, some business leaders are discarding face-to-face meetings in favour of the latest technology solutions. But this prioritization of speed over in-person meetings severely diminishes the power of human interaction and the value of…
Market challenges are part of the daily routine for businesses today. For many corporations, growth usually means expanding overseas by targeting foreign markets, or moving manufacturers, or using foreign suppliers. This usually brings a wealth of brand new challenges for corporate financial teams. Relationships with banks need to be established,…
The financial sector is rapidly evolving and technology is substantially transforming the industry, disrupting established players and new entrants alike. A recent survey suggested that half of consumers now use money transfer and payment services and this is set to rise, pushing digital to the top of the agenda. As…
You may not have been aware of the existence of the SEPA system, but it you’ll be glad that you’ve heard about it now. It is a cheaper way of transferring Euros within EU, Monaco, San Marino and EFTA countries. Here’s how it works. Introduced as a part of EU…
Understanding foreign exchange (FX) risk is essential for business leaders to avoid unforeseen costs that could cripple a firm, but the task of developing a strategy is complex and potentially costly. According to the Association of Chartered Certified Accounts, small and medium-sized businesses (SMEs) that operate across borders are significantly…
For many businesses, the solution lies in working with a specialist provider, which can be cheaper and results in no hidden costs. Research carried out by Currency UK in 2015 shows a currency specialist would lead to savings of £3,327 per year for a business transacting a representative £170,000 annually…
Tired of calling broker after broker trying to find the best rate today, only to find the rate’s already gone by the time you go back to the lowest one? The competitive nature of the foreign exchange market means you could be wasting your time chasing the carrot at the…
This week sees the general election in the UK. It’s a huge risk event for currency. Watch Adrian Jacob, Director, discuss the possible outcomes and the effect it has on Sterling. There are three possible alternatives as to what might happen. There’s the Conservatives winning by a landslide – if this…
Friday’s Final UK Q3 GDP reading printed in line with estimates, showing growth of 0.5 percent while the annual increase was unchanged at 2.3 percent. Investment data beat expectations with a 0.9 percent quarterly gain indicating that Brexit has not, so far, harmed investment. Retail sales data was also stronger…