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Added on the 15/11/2018 22:39:24 - Copyright : France 24 EN
The pound plunges as Britain decides to leave the European Union. The Bank of England has said it will take 'all necessary steps' to ensure monetary and financial stability. IMAGES.
The Bank of England scraps plan to cut interest rates as the slide in sterling prompts it to ramp up its forecasts for growth and inflation in 2017. Julian Satterthwaite reports.
Microsoft plans to increase prices for some enterprise services by up to 22 percent in Britain following the plunge in the pound. As Sonia Legg reports, it's likely to hit thousands of companies and government departments who rely on its cloud and software products.
The plummet in the British pound following the shock Brexit referendum result in June has given a boost to U.K. tourism. As Rosanna Philpott reports, Visit Britain says international visitors spent an extra 800 million pounds in the last year, up four percent to 2.5 billion pounds.
Britain's pound slumps to a three-decade low largely thanks to more home-grown Brexit worries. As David Pollard reports, it sent stocks up, with the FTSE 100 topping 7,000 for the first time in more than a year.
German business morale deteriorated sharply in August in a sign that Brexit has weighed more heavily on sentiment among executives. David Pollard reports.
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