Also in the news...
UK seeks business views on response to US tariffs
Government begins process seeking business views on response to US tariffs
UK/Viet Nam: Free Trade Agreement
This treaty was presented to Parliament in April 2025.
How AI Is Fueling Creative Innovation for Startups Abroad
When most people think about starting a business overseas, their minds immediately jump to logistics: registering the company, navigating local laws, and finding office space. But one of the most exciting (and often overlooked) aspects of expanding internationally is tapping into the global pool of innovation especially in the realm of artificial intelligence (AI).
Support for UK businesses helping to rebuild Ukraine
Department for Business and Trade (DBT) initiatives to support UK businesses helping to rebuild critical infrastructure in Ukraine.
Now is the time to generate growth together with India
£400m of trade and investment wins from UK-India Economic and Financial Dialogue set to boost the British economy.
Dollar Falls Against Pound, Yen and Euro
The United States dollar fell again on Thursday, a negative forerunner to the Labour Department?s December jobs report.
RICHARD BROOKER
The United States dollar fell again on Thursday, a negative forerunner to the Labour Department?s December jobs report. Figures showed that first-time joblessness claims declined to 467,000 last week, and the total receiving unemployment benefits was up to 4.6 million.
The dollar was traded at $1.373 to the Euro at 11.30 am on Thursday, while it took Yen 91.03 to buy one dollar. Simultaneously, the Yen had the advantage on the Euro, and was traded at Yen 125.16 to the shared currency.
The pound strengthened over the dollar and Euro following an interest rate cut by thre Bank of England, down to 1.5%. The Bank also announced that it anticipated output to slowly fall during the first half of 2009, with business and consumer confidence waning. The Euro was worth 90.18p at closing, while the Pound was worth $1.5177.