|Day's range||1.117 - 1.117|
|52-week range||1.0526 - 1.2078|
A daily overview of the top business, market, and economic stories you should be watching today in the UK, Europe, and around the world.
The Chancellor has announce a groundbreaking plan to give citizens 50% off restaurant meals in August.
The chancellor said strong recovery and saving jobs was key for the public finances, but declined to rule out tax rises in future after his summer statement.
PageGroup and Robert Walters both announced they had shed staff with the coronavirus battering labour markets worldwide.
The government will pay up to £10 per head towards people's restaurant bills for the month of August.
The cut, which takes effect immediately, will run until 31 March next year.
Rishi Sunak promised bonuses for firms keeping and hiring staff, stamp duty and VAT cuts, home improvement vouchers and eating-out discounts in his 'mini Budget.'
Business and union leaders welcomed the 'Kickstart Scheme,' creating subsidised work placements for young people on universal credit.
Tide's funding talks fell through on Tuesday morning, forcing it to take the 'tough' decision to suspend Bounce Back loans.
Funeral provider Farewill has raised £20m in its latest funding round to further its goal of making death easier for people to manage.
The European Commission has revised growth predictions downwards.
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
Prices remain higher than a year ago and new mortgage enquiries have surged, but Halifax said it was 'too early to say' if any rebound in activity will last.
The government could announce a stamp duty holiday for home buyers in a bid to boost economic recovery from the coronavirus, according to reports.
The Treasury announced new funds for its traineeship scheme, helping young people into work to tackle growing youth unemployment.
Two-thirds of firms say turnover is below pre-crisis levels despite reopening, suggesting the deep effects of the downturn and social distancing.
The company, which operates mainly from airports and train stations, blamed a 'slow recovery' in UK travel for potential cutbacks.