October felt like a month of ‘one step forward, one step back’ for the UK, after a September full of volatility. Any gains sterling made against the euro and US dollar seemed to be handed back quickly each and every time. Retail sales figures rebounded by 17% while, to the relief of investors, the Bank of England played down the threat of negative interest rates. At the same time however, local restrictions were re-introduced in many areas to combat the growing second wave of Covid-19, and another Brexit deadline passed with no conclusion or apparent progress.
Struggles with the pandemic were also seen on a global scale with many economies unable to open up fully due to a rising number of cases and restrictions re-introduced. Debate raged on in the US over further stimulus fiscal packages, while the world braced itself for the upcoming election on 3rd November.
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Moneycorp is a trading name of TTT Moneycorp Limited, a company registered in England under registration number 738837. Its registered office address is at Floor 5, Zig Zag Building, 70 Victoria Street, London SW1E 6SQ and it is VAT registration number is 897 3934 54. TTT Moneycorp Limited is authorised by the Financial Conduct Authority under the Payment Service Regulation 2017 (firm reference number 308919) for the provision of payment services.
Moneycorp FRM is a trading name of Moneycorp Financial Risk Management Limited which is authorised and regulated by the Financial Conduct Authority for the provision of designated investment business (firm reference number 452443).
Travel money services are provided by Moneycorp CFX Limited. Moneycorp CFX limited is a company registered in England under registration number 4780562. It is registered office address is at Floor 5, Zig Zag Building , 70 Victoria Street, London, SW1E 6SQ and its VAT registration number is 897 393454.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Explorer™️ Card is issued by Prepay Technologies Ltd (PPS), with its registered office at Floor 6, 3 Sheldon Square, London W2 6HY UK. PPS is authorised and regulated by the UK Financial Conduct Authority for the issuance of e-money with firm reference number 900010.