Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’



The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic fourth quarter “as heightened Brexit-related uncertainty [is likely to take] a toll on both business investment and consumer confidence”.
Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’ Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’ Reviewed by Unknown on 10 October Rating: 5

No comments:

Trending News


About Business News And Directory

A Business news and business directory site offers access to the latest business news. It's also a business article directory publishing useful quality business articles.

Business news and business directory provides it's readers with the latest business news, articles and opinions on a wide variety of business and finance areas as well as politics. Learn more here »



Swissgolden United Kingdom Swissgolden Marketing Program
Powered by Blogger.