Category : Search result: reserve currency


Northern Ireland Banknotes Rejected in Lancashire

Businesses in Southport are rejecting Northern Irish banknotes amid political tensions and economic uncertainty following Brexit, creating frustration for tourists and residents alike.

Beat Poor Exchange Rates on Your Next Holiday

Expert guide reveals the best and worst destinations for your pound this year. Discover where your money goes furthest and how to avoid costly currency exchange mistakes.

Rare £5 banknote set to sell for £26,000 at auction

An extremely rare, nearly 100-year-old UK £5 banknote is expected to sell for a staggering £26,000 at auction. Issued from the historic Threadneedle Street branch, this note represents a golden opportunity for serious currency collectors.

Trump's Supreme Court challenge over Fed's Lisa Cook

Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

Court Upholds Trump's Firing of Fed Governor Lisa Cook

A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power

Royal Mint to Produce Official Monopoly Currency

The Royal Mint partners with Hasbro to create legal tender Monopoly-themed coins and banknotes, phasing out the classic paper money in a historic move for the iconic board game.

Brit Tourists in Portugal Don't Know the Currency

A shocking survey reveals one in ten British tourists in Portugal can't identify the Euro, with many falling for poor exchange rates at airports. Experts issue urgent travel money advice.

Rare UK Coins Worth a Fortune: Check Your Change

Discover the rare and valuable coins hiding in your pocket. From the Kew Gardens 50p to the Olympic football 50p, our guide reveals the UK's most sought-after coins that could be worth thousands.

Sweden Targets Fully Cashless Society by 2030

Sweden is leading a financial revolution, with plans to eliminate physical currency entirely within the next decade. Discover how this bold move is transforming everyday life and what it means for the future of money.

Trump Vows to Block Aid to Nations Ditching US Dollar

In an exclusive interview with GB News, former US President Donald Trump issued a stark warning to global leaders, pledging to cut off financial aid to any country that ditches the US dollar. The bombshell comments came during his UK visit, where he also

Wetherspoons English pubs ban Scottish banknotes

JD Wetherspoon has instructed its pubs in England not to accept Scottish banknotes, citing operational difficulties and staff training issues. The move has sparked discussion on national currency acceptance.

Trump Sued by Fed's Lisa Cook Over Discrimination Claims

Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh

Fed Governor Lisa Cook Sues Trump Over Dismissal

US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.

Who is Lisa Cook? The Economist Reshaping US Policy

An in-depth look at the life and career of Dr Lisa Cook, the pioneering economist making history at the Federal Reserve. Discover her journey from academic excellence to shaping global economic policy.

Trump Threatens to Oust Fed's Powell If Re-elected

Former President Donald Trump has issued a thinly-veiled threat to Federal Reserve Chair Jerome Powell, suggesting he would not be reappointed if Trump wins the 2024 election, citing his own expertise in selecting 'good chairmen'.

Fed Holds Rates, Signals Just One Cut in 2024

Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.

Asia Shares Fall as Powell's Jackson Hole Speech Looms

Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a

Trump Administration Plots to Curb Fed Independence

Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.

US jobless claims hit 231,000, highest since August

New data shows a significant jump in US unemployment benefit applications, signalling a potential cooling of the labour market. However, the overall pace of layoffs remains subdued, pointing to a resilient economy.

Rare £10 Note Warning: Check Your Wallets Now!

Brits are being urged to check their wallets for a specific rare £10 polymer note that could be worth a small fortune to collectors, with some selling for over 20 times its face value.

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