The Finseta Blog

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 […]

In last week’s article we looked at who the BRICS countries are and why they are considered the world’s most significant upcoming economies.  They all have high levels of productivity, large relatively young populations and are often manufacturing or production powerhouses.  This week we’ll look at these countries’ currencies, how strong/weak they are and any […]

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces the appointment of James Hickman as Chief Executive Officer. James is serving out his notice with his current employer and so his appointment will take effect on 12 September 2022. James has over 19 […]

This week has been considerably quieter economic data front, perhaps a relief given the volume of negative news recently. US inflation figures were released on Wednesday with consumer prices rising 8.5% in July, the rate of increase has been calmed slightly as fuel prices fell. No increase was recorded in CPI between June and July, […]