Sentences with phrase «weaker pound»

The phrase "weaker pound" means that the value of the British currency, the pound, has decreased in comparison to other currencies. Full definition
As you can see, the short - term effects of Brexit, which are mainly from a far weaker Pound, will likely mean an insignificant increase in Welltower's payout ratio for 2016.
Brexit had no impact in the second quarter beyond the steadily weaker pound since the referendum was announced in 2015.
Even with Britain's exit from the EU progressing, the relatively weak Pound has attracted additional applications from non-EU students, with their numbers rising 5 % over the last year.
Some US firms will consider the current situation and weak pound as providing attractive opportunities for lateral hiring and / or mergers.
Multinationals like British American Tobacco (bti) and Diageo (deo), which should benefit from a weaker pound, have run up, while domestically focused companies, especially in consumer discretionary companies and real estate, have been clobbered by investors who fear a British recession.
British shares rose on a weaker pound, rising oil prices and growing confidence in the financial sector.
The index of top UK companies jumped up 1.3 per cent to 7317.34 points, strongly outperforming other European bourses thanks to the weaker pound and its heavy weighting in commodities stocks.
Despite a firmer start to trading and a weaker pound, the blue chip FTSE 100 turned lower and ended the session down 0.5 per cent at 7502.69 points, only slightly outperforming a negative European market.
Meanwhile, non-food retailers could enjoy a significant benefit from shoppers coming to Britain or shopping online to take advantage of the weak pound.
The weak pound makes UK shares cheaper for investors abroad.
If Brexit, either via the squeeze on living standards from the weak pound or a material drop in business activity, investment and earnings, (or both) leads to a fall in the UK economic outlook, we might just start to see the bullishness around UK bank shares fade.
Inflation has accelerated post-referendum — in large part down to higher oil prices and the weak pound.
This appears for now to be a sizeable hurdle to the Bank tightening, not least because the effect of a weaker pound on the annual gauges of inflation should start to fade by the end of 2017.
The weaker pound has an effect on demand, making outbound travel more expensive and inbound travel cheaper.
While the positives include the unemployment rate falling to 42 - year lows, a weaker pound sterling is leading to a spike in consumer inflation; in the event of a negative outcome in the negotiations with the European Union, the UK currency could slide further, leading to a rise in consumer prices and leaving the Bank of England in a very precarious situation in which easing interest rates will be ruled out due to high inflation, and hiking rates will lead to a slowdown in economic activity.
Economic growth in the UK was broadly supported by consumer confidence and exports reinforced by a weaker pound sterling, with the easing of credit conditions leading to credit growth, loose fiscal policy and global economic growth.
Even the UK — which has seen a post-Brexit-vote inflation spike on the back of a weak pound — has witnessed a downtick in prices, according to recent data.
London's FTSE 100 also closed at a record high on Wednesday, boosted in part by a weak pound.
A weaker pound may have multiple effects on the UK economy.
To wit, a weak pound is a boon to British companies operating globally.
Brits will not be deterred by the weaker pound and Brexit negotiations and will continue to buy properties in France over the course of 2018, thanks to the positive tax reforms and their desire to secure a property before the Brexit deadline.
UK stocks (as measured by the FTSE 100 Index) offer the highest dividend yield of any major region (as measured by the MSCI World Index).1 UK valuations are the cheapest relative to the rest of the world in 15 years.2 What's more, FTSE 100 Index companies with more than 70 % of their revenues from abroad stand to benefit from the weaker pound.
«During that time, there will continue to be uncertainty, which will result in a weaker pound, thus creating margin pressure on our sales.»
«Brexit Cloud» Threatens Bordeaux Wine Sellers as Weaker Pound and Tariff Fears Dampen British Sales
It would be dangerous to rely on a weaker pound to boost prices, writes agricultural specialist Pat Tomlinson, associate with the accountancy firm, Albert Goodman.
The weaker pound, the resulting increase in the Intervention Milk Price Equivalent to an average of 19p per litre, and lower UK cheese stocks all suggest there should be a farmgate milk price rise of at least 2p per litre.
The result of the British general election has left food and drink companies facing an uncertain immediate future, with a weak pound guaranteed to increase costs and make British companies...
The Denmark - headquartered company which owns the brands Lurpak and Castello cheeses, says that a weaker pound after the UK voted to leave the European Union prompted it to start a cost - cutting exercise.
And nearly every tech entrepreneur who has quoted on the ARM acquisition describe it as a mistake and a «tragedy» with the weak pound making the takeover even more attractive.
«With wages squeezed and inflation increasing, fans paying out for tickets, club merchandise and TV packages want the most value they can for their money — a weaker pound means that just isn't the case.
At the time we stated that his release clause was raised to # 38m from # 15m but the Spanish media are reporting it's closer to # 45m which won't be helped by the weak pound following Brexit.
Not only is a weaker pound likely to reduce consumer spending power, but cheaper exports won't be able to compensate for it if new tariffs hinder our international supply chains.
With the weak pound, London is finally not so outrageously expensive.
I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC.
Matthew Raynor, Managing Director, says: «With the weak pound, there's no cost benefit to buying in ingredients from Europe, meaning we can offer many more British ingredients in our products.
Weak pound, good for exports.
UK stocks (as measured by the FTSE 100 Index) offer the highest dividend yield of any major region (as measured by the MSCI World Index).1 UK valuations are the cheapest relative to the rest of the world in 15 years.2 What's more, FTSE 100 Index companies with more than 70 % of their revenues from abroad stand to benefit from the weaker pound.
So I'm loath to do it again, particularly given that the weak pound does make PCL rather cheaper for the foreign buyers the market has long relied on, and that the new cut in interest rates will make mortgage interest costs even lower than they are already for UK buyers.
Does Brexit tarnish Britain's «Great» reputation overseas, or will a weak Pound Sterling bring an upsurge in bookings from foreign visitors?
Oxford Street, thanks to tourists lured by the weak pound and the ongoing World Travel Market, is hustling and bustling both at daytime and nighttime, with shops filled with customers.
Addressing 240 high - end travel buyers and sellers gathered for the Luxperience Thought Leaders forum in Sydney, September 1, she said that the last five years in the UK had seen a weak pound sterling, high aviation tax, soaring fuel charges and high unemployment.
For many the weak pound has also presented a key restriction in terms of travelling to Europe.
Thanks to a weaker Pound, U.S. travelers are heading to the U.K. in droves.
The largest US law firms in London added some 500 lawyers to their City ranks last year, making more than 100 lateral partner hires as the weaker pound and the King & Wood Mallesons (KWM) collapse helped the group of firms ramp up their presence on this side of the Atlantic.
Whilst a weak Pound helps exporters and the FTSE, the UK as a net importer will ultimately suffer from a weak Pound.
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