Pound US Dollar exchange rate: GBP/USD rises as retail sales surge
The pound rose against the US dollar today, taking GBP/USD to $ 1.248. On Thursday, UK retail sales data revealed that sales unexpectedly rose by more than forecast in June. Daily Express :: Finance Feed
Pound euro exchange rate: GBP jumps as UK retail sales reveal shock expansion
This morning, the GBP/EUR exchange rate shot up 0.3 percent, and the pairing is currently trading at a rate of €1.135. Year-on-year growth soared to 4.2 percent, the highest figure since December 2016, buoying Sterling. Daily Express :: Finance Feed
India rupee latest: India retail inflation rate DROPS as rupee stabilises against USD
INDIA saw its retail inflation rate drop sharply in October as the rupee appeared to stabilise after plummeting in value against the US dollar this year. Daily Express :: Finance Feed
Kingfisher seeks retail repair job
SHARES in DIY giant Kingfisher hit a six-year low yesterday as half-year profits plunged. It also announced its supply-chain boss would step down halfway through overhauling its product ranges. Daily Express :: Finance Feed
Sunshine and football boost UK retail sales
SUNSHINE and football helped retailers score a higher than expected sales boost last month. Daily Express :: Finance Feed
Pound US dollar exchange rate: GBP rises on impressive retail sector recovery
THE pound has firmed against the US dollar today, thanks to better-than-expected UK retail sales data. The unexpectedly positive results have pushed the pound US dollar exchange rate up to a level of $ 1.271, which represents a recovery from the week’s current low of $ 1.267. Daily Express :: Finance Feed
Construction and retail get warmer
BRITAIN’S economy gathered momentum in the second quarter after a warm weather boost for construction and services. Gross domestic product grew 0.4 per cent between April and June compared with the first three months of 2018, when the Beast from the East restricted growth to 0.2 per cent. Daily Express :: Finance Feed
Services and retail power UK pick-up
Britain’s economy has recovered from its slow start to the year, data from the Office For National Statistics is expected to show on Friday. It will say that UK gross domestic product grew by 0.4 per cent during the second quarter, double the rate in the first, which saw economic activity disrupted by the weather. […]
Fashion store closures dent May retail spurt
WARM weather and the royal wedding brought shoppers out in force last month. But more stores are set to close as the owner of Simply Be and Jacamo prepares to exit the high street. Daily Express :: Finance Feed
Homebase SOLD for £1 to Hilco: 250 stores at risk after ‘unbelievable disaster’ in retail
HOMEBASE has been sold for £1 after its Australian owner ended its “misguided” attempt to crack the UK market leaving the future of 12,000 workers and 250 stores at risk. Daily Express :: Finance Feed