Archive for April, 2009

Budget 2009 – Economy Contracts

The chancellor says that, for the first time since WWII, the world economy is expected to contract this year. £20b increased in bank lending for mortgages this year. Borrowing expected to be £275bn, some 12.5% of GBP

Exports are falling

The Chancellor Mr Darling says that although our exports are falling, exports in Germany and other countries are falling more sharply.

2009 UK Budget News

Get all the latest new from the 2009 UK Budget on April 22 2009 live here. Chancellor, Alistair Darling, will make his Budget statement to the House of Commons at 12.30 pm today. How will that effect your Foreign Exchange position. Stay on this page for a sector by sector breakdown of how the Budget [...]

Latest Market Report

GBP Foreign Exchange Rate Forecast Today 22nd April 2009 Sterling Strengthens but economists advise caution ahead of Today’s UK budget. Many people seems to be cautious ahead of the UK budget where the government is expected to forecast the economy is shrinking at its fastest pace in sixty years with a 3-3.5% slowdown in the [...]