EUR: France’s inflation rises

by | Mar 15, 2023

France’s monthly inflation rose by 1% this morning, pushing, French inflation to a five-month high. The annual rate has also increased above market expectations to 6.3%, the highest rate in over three decades since May of...


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Pound remains strong as Budget approaches

by | Mar 15, 2023

Sterling has had a relatively stable week so far against the US dollar and a gentle rise and fall against the euro. That could change with the Budget today, although the markets are not anticipating anything very dramatic from Chancellor Jeremy Hunt today. Certainly...


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GBP: Wages versus inflation

by | Mar 15, 2023

According to the Office for National Statistics (ONS), regular pay in real terms fell by 2.4% in November to January in the UK. On the other hand, the growth in average total pay (including bonuses) was recorded at 5.7%. However, this still isn’t enough to prevent a...


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Chancellor to deliver long-awaited Budget

by | Mar 15, 2023

On Tuesday, sterling hit a four-week high against the US dollar and maintains those weekly gains this morning. Against the euro, the pound is still strong compared to this time last Wednesday. In business news, Meta, the company which owns Facebook, WhatsApp and...


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