As the Coronavirus lockdown seems likely to continue for the foreseeable future, many businesses will be looking to cut costs and save money. Acceptcards, our merchant services provider, have been talking with businesses and asking them to consider the implications of acting too hastily and cancelling direct debit payments or even contracts with their merchant services provider.
Although sterling was left behind in the initial post-election turmoil it regained its poise later on Wednesday. Over the two days surrounding the vote sterling was, against the odds, the leader among the major currencies with an average gain of 0.8%. It is also the top performer over the last seven days.