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Pound to euro hits 1.25 as Spain nationalises Bankia

The pound hit its highest rate against the euro since 2008 this week, as well as breaking the hugely symbolic 1.25 point, as Spain’s nationalisation of Bankia as well as electoral chaos in Greece pulled the euro down.

May 11th, 2012 | Posted in Expats, Spain News | Read More »

Pound looks to consolidate gains against euro

The pound could be set to consolidate its recent gains against the euro, as the prospect of a Francois Hollande triumph in the first round of the French presidential election causes nervousness.

April 20th, 2012 | Posted in Expats | Read More »

Pound gains as Spain teeters on the brink

Could Spain need an EU bailout? Speculation regarding this possibility has intensified this past fortnight, sending the pound to 1.21 against the weakened euro.

April 13th, 2012 | Posted in Expats | Read More »

Pound slips on surprise UK GDP downturn

The UK pound lost a cent against the euro this week, as data reveals last quarter’s contraction in the UK was a bit deeper than previously thought.

March 31st, 2012 | Posted in Expats | Read More »

Pound to euro stable as central banks hold rates

The pound to euro exchange rate has stood stuck still within its 1.175-1.20 range this past week, replicating a pattern it has adopted since the start of 2012. This is because economic prospects in neither the UK nor the eurozone look set to impress, keeping fluctuations to a minimum.

March 10th, 2012 | Posted in Expats | Read More »

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