How UK Businesses Manage Payments to Overseas Suppliers
By Martin O’Connor · Editorial review: Ethan Jacobs · 19 September 2026 UK businesses pay overseas suppliers by agreeing the invoice currency and payment terms, verifying the beneficiary details, arranging any currency conversion and submitting the payment early enough for the supplier’s receipt deadline. A complete process also records approval, checks the payment outcome and […]
Canadian morning brief: Bank of Canada flags trade and inflation risks
In a summary published on 16 September 2026, the Bank of Canada explained the discussions behind its 2 September decision to keep the policy interest rate at 2.25%. Policymakers highlighted uncertainty around US trade measures and the risk that persistently high energy prices could spread to other goods and services. They also noted that Canadian […]
UK morning brief: Bank of England holds at 3.75%
The Bank of England announced on 17 September that Bank Rate would remain at 3.75%, with six policymakers supporting a hold and three favouring an increase. A day earlier, the US Federal Reserve raised its target range by 0.25 percentage points to 3.75%–4%, citing elevated inflation. The decisions show that major central banks are taking […]