Over the weekend, news emerged that overseas footballers in the UK; of which there is a higher proportion than in any other international football league; have been attempting to hedge against further falls in the value of Sterling. Sterling has fallen around 15% against both the euro and the dollar
400,000 British businesses believe they have the capability to export goods, but are not doing so, whilst at the same time, international demand for British goods is growing, the government revealed yesterday. Dr Liam Fox, the International Trade Secretary has used these figures; and the news that British overseas exports
Augmentum, a specialist VC firm that focuses on promising fintech opportunities, made 2 investments last week into early stage, London based companies focused on the SME payments market, as well as a third investment into Duedil, which compiles information on unlisted early stage companies.
Every six months, the Economist Intelligence Unit publishes its liveability survey – a comprehensive attempt to rank the world’s cities in terms of their safety and stability, healthcare systems, levels of culture and environmental health, standards of education and strength of infrastructure.
Have you ever considered getting your medical treatment abroad? This increasingly popular industry caters for a variety of treatments, from dentistry, to fertility treatment, to cosmetic surgery, to orthopaedics, and is driven by a surprising disparity in the costs of the same treatments in different parts of the world, and
Brexit backlash may have damaged the UK’s reputation for cosmopolitanism, with the referendum result blamed in some quarters on an anti-immigration agenda, but surprisingly, it is Britain that leads the way when it comes to migrating overseas, according to data from the World Economic forum.
In his introduction to the government’s controversial Brexit white paper; the country’s first attempt to try to explain on paper how leaving the EU by March 29th, 2019 might work; new Brexit secretary Dominic Raab talks about how “technological revolutions and scientific transformations are driving major changes in the global
Amidst all the recent discussion and hand-wringing around the new GDPR regulations, it’s easy to forget that it was only in January this year that the updated Payment Services Directives, a set of EC-wide regulations designed to make it easier, faster and less expensive to for customers to pay for
In a recent article in Finextra, Lakshmi Narayanan at Travelex discusses the contrasting approaches taken by the Pakistan and India governments to the problems inherent in their countries remittance industries. India is the largest market for inbound remittance in the world, receiving more than $72bn of inbound money transfers from
It’s been an eventful week in the world of international money transfer. Whilst Trump launches trade wars with Europe, China, Canada, and Mexico (to name a few), which is guaranteed to lead to tricky exchange rate calculations for many businesses (don’t forget to check the latest rates and save up
Modern technology, and mobile tech especially, is making a multitude of lifestyle services easier to deal with; provided you are up to speed with the latest tap, swipe, scan and track technology, many things, including sending money overseas, can be done faster, easier, and cheaper using apps.
Britain may be on the verge of leaving the EU, but figures from the Office of National Statistics show that Brits made more trips abroad in 2016 than ever before; more than 70.8 million; whilst Britain itself attracted more tourism; 37.6m visits; from overseas, with total tourist spending also at