BoE Governor: Expect 13%+ Inflation and a Recession!
The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
75 King William Street, London, EC4N 7BE
info@cornerstonefs.com
+44 (0) 20 3971 4750
Country Profile
The Anglo-Portuguese trading and economic relationship go back to the 1500s and ties remain strong to this day!
Portugal has a stable, service-based economy and has returned to being more prosperous after being particularly hard hit by the European debt crisis
Total Value:
£2.6 billion / 0.55% of all UK Imports
Top 5 Imports are:
Total Value:
£1.2 billion / 0.39% of all UK Exports
Top 5 Exports are:
The British-Portuguese Chamber of Commerce
Rua Sacadura Cabral Nº 65, Piso 0, Loja 6, 1495-703 Cruz Quebrada-Dafundo
Tel: (+351) 213 942 020
Cornerstone has a dedicated team based in London serving businesses across Europe
With a Cornerstone account you can transact in over 25 key currencies including GBP & EUR
Companies registered in the EU plus 50 other jurisdictions can open an account
The key update of the week is that the Bank of England has increased its interest rate by 0.5%, the largest increase since the Bank’s
Unsurprisingly, inflation continues to be the topic of the moment with figures announced Wednesday showing US prices rising 9.1% in June compared to a year
The European Union hasn’t finished expanding, there are actually several countries who are in the process of joining right now! Any country who joins is