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Pound at highest level since Brexit vote

Pound at highest level since Brexit vote

Business
The pound has climbed to its highest level against the US dollar since the Brexit vote.Sterling was up by more than a cent to reach nearly $ 1.37 in Friday trading. It was little changed against the euro, hovering below €1.13.It has not been as high versus the dollar since the result of the EU referendum in June 2016 sent the pound plunging from $ 1.50.That result saw sterling sliding to less than $ 1.20 in ensuing months before steadily gaining back ground over 2017.The latest rise on Friday was partly attributed to a report that Spain and the Netherlands were open to a softer Brexit deal for Britain.Bloomberg reported that the two countries' foreign ministers had agreed to work together for a divorce deal that would maintain close ties between the EU and Britain.That did little to help t
UK has new highest peak after measurement error

UK has new highest peak after measurement error

Technology
Britain has a new highest mountain after new data showed measurements from old overland surveys were inaccurate.It was thought until this point that Mount Jackson was the tallest mountain in the British Antarctic Territory at 3,184m (10,444ft) above sea level.However, new satellite data by British Antarctic Survey (BAS) shows Mount Hope is the tallest mountain, at 3,239m (10,654ft).The new data reveals Mount Hope as being 55m taller than Mount Jackson and 377m higher than previously thought.The discovery was made during work by BAS to update planning maps for pilots operating in Antarctica.New high-resolution satellite measurements, accurate to within five metres, show there are several errors in the old overland surveys.Adrian Fox, head of mapping and geographic information at BAS, said: ...
Mt Hope installed as 'UK's highest peak'

Mt Hope installed as 'UK's highest peak'

Science
Britain has a new tallest mountain. Mt Hope, which is sited in the part of the Antarctic claimed by the UK, was recently re-measured and found to tower above the previous title holder, Mt Jackson, by a good 50m (160ft). Hope is now put at 3,239m (10,626ft); Jackson is 3,184m (10,446ft). The map-makers at the British Antarctic Survey (BAS) were prompted to take another look at the mountains because of concerns for the safety of pilots flying across the White Continent. "In Antarctica there are no roads, so to get around you have to fly planes. And if you're flying planes you really need to know where the mountains are and how high they are," explained Dr Peter Fretwell. Ben Nevis gains a metre thanks to GPSAntarctic's hidden world revealedMt Paget on South Georgia island is the highest moun...
UPI clocks 105 million transactions in November, the highest ever

UPI clocks 105 million transactions in November, the highest ever

Finance
BENGALURU: The Unified Payments Interface, the smartphonebased bank-to-bank instant payment system, continued to post steady growth, buoyed by increased adoption by consumers and the entry of major technology giants onto the platform. In November, it clocked 105 million transactions, a 38% jump from the previous month, showed data from the National Payments Corporation of India (NPCI) that runs the UPI platform. The number of transactions was the highest ever for a month on the platform. The value of transactions rose about 37% to Rs 9,679 crore in the past month from Rs 7,057 crore in October. While there are 61 banks live on the UPI, a major chunk of transactions is coming from smartphone-based payment applications built by technology companies. Tez, the payment application from Goog...
Mount Agung: Bali volcano alert raised to highest level

Mount Agung: Bali volcano alert raised to highest level

World
Media playback is unsupported on your deviceAbout 100,000 people near Bali's Mount Agung have been ordered to evacuate as officials fear a major eruption.Indonesian authorities have raised the state of alert to its highest level, and expanded the exclusion zone around the rumbling volcano.The island's airport has now closed, leaving thousands stranded in the tourist hotspot.Authorities say dark smoke and ash have been billowing up to 3,400m (11,150ft) above the mountain's summit.Officials have warned residents to stay away from rock and debris flows known as lahars, which have been spotted flowing down from the mountain.Mount Agung's volcanic tremors first began in September. Indonesia prepares for a big volcanic eruptionA volcanologist explains Bali eruption photosHow close is it to a maj...