The Finseta Blog

It’s been a difficult week for the UK economy this week. Figures released yesterday showed that the economy had contracted in the last month and that over Q1, growth was only 0.8% vs an expected 1%.  It has led to further speculation that the UK could be headed towards a recession later in the year […]

(Public Domain Image, University of Birmingham Library) c.800AD: Pound Sterling Pretty much for as long as there has been an England, there has been the Pound. Even before 1066 and William the Conquerer, the British Isles have been using some form of Pound. The Pound Sterling began back in the reign of King Offa of […]

This week has been dominated by Interest Rates…  On Tuesday we saw the Reserve Bank of Australia (RBA) raising Interest Rates in Australia to 0.35%. This was the first time they increased rates since 2010 and the announcement came on the back of inflation sitting at 5%, during a contentious national election campaign. On Wednesday, […]

It’s been a relatively quiet week as we enter the second big Bank Holiday weekend of the year. There have been no major economic releases in the UK for the last several days. Internationally we’ve seen inflation increase in Australia and hit 7.8% in Germany. EU-wide we’ve seen GDP figures slightly less than expected but […]

We’re delight that Finseta has been accepted onto the London & Partners Business Growth Scheme. Launched in 2017, the programme has supported more than 900 companies in expanding their teams, creating jobs, raising finance, launching new products and strengthening their management talent. You can find out more about the programme by going to the below […]

Current Governor: Andrew Bailey The Governor of the Bank of England is a pretty old role. It has been around since the bank was founded way back when. The first Governor Sir John Houblon was appointed in the year 1694 during the reign of King William III and Queen Mary II! It’s worth remembering that initially, the […]