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Theresa May unveils EU exit plan: What is a 'hard Brexit' and how will it affect Britain's economy?

LONDON (Reuters) – Britain will quit the European Union’s single market when it exits the bloc, Prime Minister Theresa May said on Tuesday, in a decisive speech that quashed speculation she would seek a compromise deal to stay inside the world’s biggest trading bloc. 1,094 more words


Currencies – January 17th 2017 15:00 (GMT+1)

The US dollar falling not just versus the British pound and the Euro but also against other leading world currencies.
The US currency loses 1% against the Japanese yen and falling by 1.2% against the franc Swiss, and in this case , the pair comes to equality of right, one dollar equals one franc.

US Dollar

FOREX – January 17th 2017 08:30 (GMT+1)

The pound and the Euro strengthened against the US dollar by 0.6% each.
The Euro rises to 1.0668 dollars and the British pound rises to 1.2125 dollars.

US Dollar

Apple Hikes U.K. App Store Prices by 25 Percent Due to Weak Pound

(Source: www.macrumors.com)

Apple announced changes to its

In the United Kingdom, Apple is rising the prices for apps and in-app purchases by over 25 percent, in light of the weak pound exchange rate, which has been down against the dollar by about 19 percent since the Brexit vote. 293 more words


Pound quivers near three-month low, stocks weak before May's Brexit stance speech

Tue Jan 17, 2017 | 1:13am EST

Women, dressed in ceremonial kimonos, stand in front of an electronic board showing stock prices after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo, Japan, January 4, 2017. 588 more words

Pound Tumbles on Brexit Concerns

The pound was down 1.13% against the U.S. and 0.77% against the Euro at 21:15 GMT, as concerns regarding the nature of Britain’s exit from the European Union push the currency to a three-month-low. 261 more words


What made me laugh today ... 

I am in hysterics watching the Sky News Presenter try explain in ‘simple terms’ to the UK viewers how the £ ‘crashing’ due to a Hard Brexit will mean that you need more £s to buy the same car you were eyeing out in Germany last month. 170 more words

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