Now playing Next Biztech news How the UK post office is trying to save cash post-pandemic The Post Office says in communities across Britain, it's one of the few places where people can get their hands on the actual banknotes. 09/07/2021
Now playing Next Money Bank of England is looking into launching 'Britcoin'. But what is it? What would the difference be between Britcoin cryptocurrency on your phone and sterling in your pocket? 29/04/2021
Now playing Next Business Brits spent €4bn stockpiling goods in case of a no-deal Brexit Brits spent €4bn stockpiling goods in case of a no-deal Brexit. A survey released this Monday reveals that 800,000 people have already spend more than €1,000 preparing for potential food shortages. 12/08/2019
Now playing Next United Kingdom British Pound hits two-month high amid Brexit uncertainty The British pound was Wednesday morning trading above $1.30 (€1.14), in a move that many currency analysts were linking to the possibility of the Brexit date being delayed becoming more likely. 23/01/2019
Now playing Next United Kingdom Sterling steadies after parliament's crushing rejection of Brexit deal What comes next is crucial for the British economy with analysts fearing a 'no deal' worst case scenario 16/01/2019
Now playing Next world news Which British scientist should be the face of the new £50 note? The Bank of England is asking the British public to nominate a scientist for a new plastic 50-pound note that will replace the current paper version. 02/11/2018
Now playing Next United Kingdom British pound hits post-Brexit referendum high The pound sterling has reached its highest level compared to the dollar since the June 2016 vote 17/04/2018
Now playing Next United Kingdom Pound jumps on Brexit breakthrough There was a sigh of relief across financial markets after the UK and the EU agreed to start talks on post-Brexit trade and a transition period. 08/12/2017
Now playing Next Business UK inflation highest since 2012 British inflation rose to its highest level in more than five years for September, adding to the likelihood that the Bank of England will raise interest rates next month 17/10/2017
Now playing Next Business British economy shows signs of 'slowdown' in latest growth estimate Britain’s economy has grown by just 0.3 percent in the second quarter of 2017, marking what government statisticians are calling a “notable slowdown” 26/07/2017
Now playing Next United Kingdom Sterling falls as markets react to UK election result Sterling dropped as much as 2.5 percent as the UK election results came through, while the FTSE share index opened higher. The pound recorded 09/06/2017
Now playing Next United Kingdom Sterling sees sharp drop in value over election confusion As Britain looked to be heading towards a hung parliament over night, a sharp downturn in the sterling market had investors concerned 09/06/2017
Now playing Next Business British shoppers spend, spend, spend in April - not deterred by inflation UK retail sales jumped by 2.3 percent on the month in April as shoppers set aside their concerns about fast-rising inflation following the Brexit vote 18/05/2017
Now playing Next United Kingdom New £1 coin is launched in the UK this month The UK’s currency will face a major change this month, as a new design of one of the most central coins is launched. 16/03/2017
Now playing Next Business UK services sector optimistic, CBI survey finds Optimism among businesses in Britain's services sector is now higher than at any time since June's vote to leave the European Union. 27/02/2017
Now playing Next Business Weaker pound, pricier fuel to hit easyJet profits British low-cost airline easyJet warns the weaker pound and pricier fuel will reduce its profits more than expected this year. 24/01/2017
Now playing Next Business Brexit linked weaker pound boosts UK inflation to 1.6% Inflation in Britain rose strongly in December as the Brexit vote caused the pound to weaken pushing up the cost of imported raw materials. 17/01/2017
Now playing Next United Kingdom Sterling surges after Brexit speech Theresa May's announcement that the UK will leave the single market in what is widely being seen as a "hard Brexit" has already had an impact on the financial markets. 17/01/2017
Now playing Next Business Pound slumps ahead of Brexit speech by UK Prime Minister Theresa May The pound plunged further against other currencies on Monday ahead of Prime Minister Theresa May's speech outlining the government's plans. 16/01/2017
Now playing Next Business Pound stays low despite UK prime minister's explanation of Brexit remarks The value of the pound has slumped on fears Prime Minister Theresa May's comments meant Britain would be leaving the EU single market. 09/01/2017