Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
How we use money is always changing… From bartering to using coins, writing cheques, introducing banknotes, ending the gold standard….the way society uses money has always been evolving. History is dotted with turning points where the key method of making payments has changed. Right now we are once again at one of those key moments […]
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that it has appointed Robert O’Brien, General Manager APAC and Middle East, to the newly created position of Interim Chief Operating Officer of Cornerstone’s principal operating subsidiary, FXPress Payment Services Limited (“FXPress”). Mr O’Brien […]
This week has been dominated by the news coming out of Ukraine. Key markets took an initial hit first thing yesterday morning but started to recover over the course of yesterday and this morning. The Pound has taken a hit against the Dollar over the course of the last couple of days, something ?expected given […]
This week was dominated by the threats of potential war in Ukraine which had markets on edge around the world. Most people will be breathing a sigh of relief as the week draws to a close and the borders of Ukraine remain intact. We were greeted by the grim news in the middle of the […]
Just like death and taxes, new government initiatives to spur economic growth are inevitable. Sometimes they are revolutionary, truly transformative programmes and sometimes they’re quietly shelved never to be spoken off again. As part of the current government’s ‘levelling up’ agenda, the creation of several new Freeports has been announced. According to the government’s website: […]
This week’s biggest economic news came first thing this morning with the ONS (Office for National Statistics) releasing figures showing surprisingly strong economic growth for the UK in 2021. Most headlines picked up on the fact that this was the strongest rebound since World War Two. The key figure being that GDP expanded by 7.5%. […]