Each week the Finseta Team publish a blog or insight relating to trade, foreign currencies, global economics or international business.
Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an unaudited update on trading for the first quarter ended 31 March 2022. As announced on 14 January 2022, the Group expects to report annual revenue growth, subject to audit, of approximately 38% to […]
When you hear the term ‘Currency Union’ you probably think: Euro. Most people would. It’s by far the most high profile and successful monetary union. However what surprises many people is the fact that: a) it’s not the only one currently in existence and; b) it’s not the first one either. In fact there are […]
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 […]