The single currency has been worth more than the dollar for most of its history. It lagged below the dollar in the years following the currency’s launch in 1999, but the last time it traded below the dollar was December 2002 – less than a year after euro notes and coins were introduced for the first time.
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Liz Truss urges PM to cut taxes a year after Downing Street exit
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Downing Street said Rishi Sunak had not watched the speech, but when asked for his response, Business Minister Kevin...
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Unemployment rate highest for more than two years
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The unemployment rate has unexpectedly risen to its highest level for two and a half years, official figures show....
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‘Thrill of investing’ leads young to take risks
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Becky O’Connor, from investment platform Interactive Investor, said: “We want young people to invest – in their pensions and...
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Covid: Asia follows global shares slide amid recovery fears
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“Investors are concerned that the rapid spread of the Delta variant will derail the trajectory of the global recovery,...
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Forget Frankfurt and Paris, says Barclays boss
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“What the UK needs and London needs, is to make sure that the city is one of the best...
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Furlough ‘must be extended’ to avoid mass unemployment, say MPs
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Image copyright Getty Images The UK government should consider a targeted extension of its furlough scheme, MPs have said....
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Fujitsu admits it has a ‘moral obligation’ to compensate Post Office victims
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When prosecutions were taking place, Fujitsu had told the Post Office that no-one, apart from sub-postmasters themselves, could access...
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ARM: UK-based chip designer sold to Nvidia
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By Leo KelionTechnology desk editor image copyrightGetty Images/ARM UK-based computer chip designer ARM Holdings is being sold to the...
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