The GBP was under great pressure last week leading on from the Bank of England’s decision to keep interest rates on hold the previous week. The prior weeks before the decision, Sterling had gained on strong market expectations of an interest rate hike which have now been clawed back.
Sterling edged lower this morning as Britain and the European Union looked far from finding a post-Brexit agreement trade on Northern Ireland, while Bank of England interest rate raise bets ebbed.
Wednesday saw the eagerly awaited Fed Reserve meeting centred around Tapering, when would it start and by how much? All the speculation over the last week had pointed towards a tapering plan to begin the reduced asset purchases by $15b p/month.
Portugal offers new residents a range of special tax benefits under the non-habitual residency (NHR) scheme. You may have considered moving to Portugal for a change of lifestyle, but Britons moving to Portugal can also enjoy ten years of tax advantages.
November has opened trading with the GBP having retraced gains from an incredibly strong month. Investors and traders priced in an interest rate hike from the Bank of England this side of the new year in the last 2 weeks of trading.
Not all electricity plans are created equally. The competition has become fierce when it comes to retailers trying to get your business. This is beneficial for you because you can get some decent deals to switch over. Watch for plans that go up to their set prices after a brief period. You may save money for a couple of months but be locked into a higher priced policy than before.
Access to adequate and timely funding is the lifeline of any small business that aspires to grow. In the past, small businesses have depended on assistance from family, friends, and “fools” to fund their small business growth ambitions when they found that they were ineligible to borrow from local lenders.
Digital eco-systems are becoming increasingly important to the global economy. When it comes to cryptocurrencies, regular currencies like the US dollar are a means of exchange. However, cryptocurrencies are only to be for digital trading information.
