The Finseta Blog

Several years after the publication of the paper on the BRICS, experts and commentators began to ask the question, which are the other economies to watch in the future. Jim O’Neil who coined the term BRICs also coined the phrase “the Next 11’ which was a list of countries with economies that offered vast potential […]

Once again the UK is facing market turmoil following the raft of government tax cuts announced last Friday during the Chancellor’s ‘Mini-budget.’   As the currency markets opened on Monday morning we saw Sterling drop to all-time lows, at one point being worth just $1.03. We also saw GBP/EUR rates hitting 2-year lows at the worst […]

Further to the Company’s announcement of 4 March 2022 announcing the variation of terms attached to the Convertible Loan note between the Company and Mr. William Newton (“BN”), Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that on 28 September 2022 BN […]

In the last week there has been increasing disquiet about the OBR (Office for Budget Responsibility) not being allowed to publish its forecasts based on the new government’s economic plan. With this in mind, we thought it would be useful to take a look at what the OBR is, why it was formed and what […]

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, is pleased to announce its unaudited interim results for the six months ended 30 June 2022. Highlights ·   Total revenue increased by 127% to £1.9m (H1 2021: £837k) o  Growth driven by direct sales, which increased to £1.4m (H1 2021: £231k) · […]

This week has been a heavy one. We started on Monday with the funeral of our late Queen and ended with a ‘mini-budget’ from the UK Government, with multiple worldwide interest rate raises sandwiched in between. The biggest news came yesterday when the Bank of England raised interest rates from 1.75% to 2.25%- a 0.5% […]