Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
It’s a big week of festivities and celebrations around the world. We’ll be closed this Friday and Monday.
This week, the news has been dominated by the ongoing fallout from the tax and energy rises that have hit now we’re in a new financial year. Starting from April 1st, National Insurance contributions were raised to their highest ever levels, domestic energy bill increases of 50%+ started to be implemented and a range of […]
The Euro has come a long way since the first 11 countries joined the club on the 1st January 2001. The last new country to join was Lithuania who gave up the Litas at the start of 2015. All EU member states except Denmark are required to adopt the Euro as part of their membership […]
Normally today would be perfect for a little joke post, however, given everything going on, it wouldn’t really be appropriate. This week has been pretty much dominated by the fall-out from today’s huge hike in domestic energy bills. The energy price cap today was formally raised by £700, with suggestions that the average bill would […]
It’s been another week of not particularly positive news this week. The war in Ukraine continues to dominate the headlines. Yesterday marked the bleak milestone of the war passing into its second month. It was a big week in the UK which saw the Chancellor deliver his spring statement. The speech saw him simultaneously take […]
Another week of destruction in the Ukraine has tragically been the main news this week once again. Sanctions have continued to be extended, the Russian stock market remains closed and the one rouble is now worth just $0.009. The big economic news this week has been in both the US and UK; where interest rates […]