The Finseta Blog

As September began yesterday, we saw the official conclusion that August had been the worst month for Sterling since the aftermath of the Brexit referendum. August started with Sterling sitting at £1.21 to the US Dollar but over the course of month saw a slow and steady decline, ending down at £1.16. Not a good […]

Cornerstone FS PLC plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce that is has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited (“Pangea”), a specialist FX and treasury consultancy (the […]

The State of Israel was founded over 74 years ago in May 1948. In that time it has seen several economic crises, with many of its oldest citizens having been through four separate official currencies in their lifetime. Below we’ll take a look at the different currencies that have been used since the Israeli state […]

After months of speculation, changes to the UK energy price cap have finally been announced. The figure set by Ofgem has risen by 80% to £3,549 as a difficult winter for households continues to loom. (The price cap is the maximum a typical household can pay for their energy but is continually reassessed by Ofgem […]

The value of money is an idea instilled within everyone from a young age. We are taught that we should get a good education and work hard so that we can earn enough money to live our lives how we choose.  But often we don’t question why this is important.  Why do these pieces of […]

It’s been another gloomy week for economic data with UK inflation not showing any signs of slowing. The US CPI reading last week was celebrated for being below consensus estimates whereas, in the UK, we have not been so lucky. The first double-digit CPI reading in 40 years at 10.1% in July was 0.3 percentage […]