Also in the news...
Strategic Locations For Business Travellers In London
London, a bustling hub of commerce and culture, is an essential destination for business travellers. Whether attending meetings, conferences, or networking events, the city's diverse neighbourhoods offer various amenities to suit the needs of the professional on the move. From convenient transport links to luxurious accommodations, knowing where to base yourself can significantly enhance your business trip experience.
Business Expansion in the UAE: Mastering the Free Zone Advantage
The UAE has become the number one destination for international business activity. More precisely, free zones have been wooing investors from every nook and corner of the globe by offering unbeatable incentives, most notably complete foreign ownership and tax exemption.
Ukraine business guide: helping UK businesses trade with Ukraine
This guide provides UK businesses the core information necessary to understand the challenges and opportunities of trading in Ukraine.
Trade with Canada Guidance
How you import from and export to Canada.
Guidance Living in France
Information for British citizens moving to or living in France, including guidance on residency, healthcare and driving.
Pound rises as EU approves Brexit withdrawal agreement.
The pound has risen modestly this morning as traders digest the news of the EU signing off UK Prime Minister, Theresa Mays Brexit withdrawal agreement in Brussels yesterday.
The plan was unanimously given the green light by EU heads of state and signals the beginning of a campaign by the PM to get the plan approved in a vote in the House of Commons next month. Mays proposal looks likely to be voted down by dozens of members of her own Conservative party however it will be interesting to see how many fall in line given the potential economic damage voting against it could cause the UK economy. Warnings have been issued by several members of the EU team already that the deal on the table is the only one that will be offered to the UK. EU Commission President, Jean-Claude Juncker stated in a press conference after the announcement that this was “the only deal possible.” Dutch PM, Mark Rutte, praised May stating, “She has fought very hard, she was very stubborn, and she always is, in a positive sense, very tenacious." GBP/USD has risen to around 1.2835 this morning however the moves will likely be capped before the crucial parliamentary vote where it will likely either soar or collapse on the outcome of the MPs poll. The vote is penciled in for the 12th December.
Keep up to date with money movements and find out more about what’s impacting major currencies by
Startup Overseas works in partnership with OFX. OFX helps businesses like yours to develop sustainable strategies that protect your bottom line from currency fluctuations. Find out more: