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Uncertainty in Euroland, but Britain’s GDP on the rise

On 27 August the Office for National Statistics published its first revision to the performance of Britain’s gross domestic product (GDP) for the second quarter of the year. The initial estimate of 1.1% growth had looked pretty good. It was not in the same category as Germany's...

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Going overseas for a first buy

.According to foreign exchange and international money transfer specialist Moneycorp, prospects are poor for the British real estate market, as 25% of potential first-time buyers consider purchasing a property overseas...

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Which French Leaseback should I choose?

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Nowadays, if you want to finance your French leaseback property, it is better to select one which has a yield lower than 5%; otherwise, banks might decline your mortgage...

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Confidence in sterling is on the up after the budget

If the advent of a coalition government has brought a sea of change for British politics it has also brought one for the pound. After initial scepticism that a hung parliament would spell anything other than gloom for the country...

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Sterling/Euro rate back to level of December 2008

Sterling appreciates against the euro to levels last seen in December 2008. Sterling’s appreciation against the euro continued last week with a new 18-month high recorded at €1.2114 ...

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An exceedingly well hung government

Sterling still in limbo after indecisive election.  US stock market volatility spreads to currencies.  Latest EU rescue package broadens the safety net beyond Greece and allegedly wins German support. It was a rather more exciting week for...

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March currency update

February was not quite a one-way track for sterling but it spend much more time on the retreat than it did pushing ahead. It had looked perky in late January as the problems of Greece...

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February Currency update

Sterling’s year got off to less of a bang than that which attended 2009′s new-year party. Instead of picking up ten cents in the first ten days, as it did a year earlier, it was not until almost two weeks into January that the pound began to build up steam. After a one and a half cent rally the day before new year's eve...

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January Currency update

It is unlikely that 2009 will go down in the records as an annus mirabilis for sterling but things could have been a lot worse. With the sterling/euro exchange rate at €1.02 on new year’s eve a year ago it looked very much as though they were about to get very nasty indeed. The pound had lost ten cents a month for three months...

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December Currency update

Sterling spent November still mired in a range not altogether different from the one that held it in October. The four cents between €1.09 and €1.13 accounted for almost every minute of the pound’s month and €1.09 was never seriously threatened.

Yet again the euro managed to avoid the headlines and thereby the attention accorded to its higher-profile peers.

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