BGN Entrepreneur

Sterling received some respite, pulling away from a 10-month low against the dollar as stronger-than-expected UK economic data gave the pound a lift.
Figures indicated that the consumer confidence in the UK rose in February to its highest level ever since the start of 2008, while a survey of activity in the UK services sector came in far stronger than forecast, hitting its highest level ever since the beginning of 2007.
The pound also received support on reports that the UK insurer–Prudential might not complete its $35bn purchase of the Asian unit of the stricken US insurer—AIG.

Related posts:

1. Consumer Survey Pares Sterling Losses
   Sterling received some respite, pulling away from a 10-month low...
2. WTO Rules that Boeing Received $5.3bn in Aid
   The WTO ruled that Boeing received at least $5.3bn in...
3. No Respite for Savers as Inflation Stays High
   As CPI inflation remained at 3.1% last month, there was...
4. FSA May Force Pearl Group to Reduce Debt
   The City regulator is considering whether to force Pearl Group,...
5. Yen and Gold Soar on Recession Fears
   Currently, there is an increasing fear from the investor over...