Media Coverage & Expert Insights 2025 (Q1 & Q2)
Featured exchange insights and commentary from Tony Redondo on currency markets, international payments, and global economic trends.
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View Our 2025 Commentary & Media Coverage
26 June 2025
Government's 38,000 new homes this year falls 'woefully' short of 1.5m target
Tony Redondo, Founder atĀ Cosmos Currency ExchangeĀ stated: “Homes Englandās 2024/25 data falls woefully short of Labourās 1.5M homes target by 2029, with just 37% of the 300,000 annual completions.
26 June 2025
Government's new Industrial Strategy 'too late' for many businesses, experts warn
The Government’s new Industrial Strategy ‘too late’ for many businesses, experts warn.
24 June 2025
Iran Israel RECAP: Trump doubles down on claim nuclear sites were 'obliterated'
Tony Redondo, founder at Cosmos Currency Exchange, has said it would be “wise for consumers to fill up their tanks now” as even a partial closure of the Strait of Hormuz would have an “immediate and significant” impact on petrol prices.
23 June 2025
FUEL FRENZY Brits urged to fill up tanks as āpetrol price shockā days away
The price of petrol is currently at 132.06 per litre, but experts fear that this could rise further if the Strait closes.
In light of theĀ news, Tony Redondo,Ā founderĀ atĀ Cosmos Currency Exchange said it would be “wise for consumers to fill up their tanks now”.
23 June 2025
Government's new Industrial Strategy 'too late' for many businesses, experts warn
The Labour Government has revealed its Industrial Strategy, a 10-year plan to boost investment and create good skilled jobs.
23 June 2025
US and Iran conflict explained from why fight started to dark dangers facing UK
Tony Redondo, founder at Cosmos Currency Exchange, believes “energy prices could go up Ā£150-200 a year” following the conflict in Iran.
19 June 2025
CASH IN Best time to buy Euros for your summer holiday revealed plus how you can save £100s
Tony Redondo, founder of Cosmos Currency Exchange told The Sun that factors such as “soft UK economic data” and “rising geo-political tensions” is pushing the Pound to Euro exchange rateĀ lower.
18 June 2025
Why you should get your holiday euros now - but hold off buying US dollars amid the Trump tariff turmoil
If youāre jetting off to Europe in the next month, buy euros as soon as possible, says Tony Redondo, founder of Cosmos Currency Exchange.Ā
16 June 2025
Petrol price alert: How the Israel-Iran conflict will impact the motorist and UK economy
Tony Redondo, founder at Cosmos Currency Exchange, warned of an end to the relative downturn of the price of fuel at the pump for Brits.
15 June 2025
Business owners slam Reeves as the UK economy contracts by 0.3% in April
But Tony Redondo, Founder ofĀ Cosmos Currency Exchange, believes businesses have seen the downturn in the economy coming.
15 June 2025
Oil surges at fastest pace in three years
Tony Redondo of Cosmos Currency Exchange said: āStock markets will sell off. These are all predictable knee-jerk reactions.Ā
āWhat happens next in the financial markets will depend on the scale of Iranās response. They will talk a good game, but do they have the capacity actually to damage Israel? Probably not.ā
13 June 2025
The Weekly Roundup June 9 - 13
IPBN member Tony Redondo announced thatĀ Cosmos Currency Exchange has been named a finalist in the 2025 Allica Bank Great British Entrepreneur Awards,Ā shortlisted in the Global Entrepreneur of the Year category! “Known as āThe Grammys of Entrepreneurship,ā the awards celebrate the most exceptional and inspiring business stories across the UK.
13 June 2025
UK firms dodge Labour tax raid with WFH roles abroad
The boss of a currency exchange platform, which supports firms working across borders but does not itself hire offshore home workers, toldĀ City AMĀ he had seen a 43 per cent increase in overseas payments over the last six months.Ā
02 June 2025
Calls for change to UK rules as UAE brings in finfluencer licensing
However, Cosmos Currency Exchange founder, Tony Redondo, cautioned there are ātwo sides to this coinā.
āOn the one hand, licensing finfluencers would help protect consumers from bad advice, fill regulatory gaps, and boost trust,ā he explained.
19 May 2025
New boost for millions who use buy now pay later credit
Tony Redondo, founder atĀ Cosmos Currency ExchangeĀ says: “The 11 million consumers may cheer the new BNPL (Buy Now, Pay Later) rules, gaining affordability checks, section 75 refunds and FOS access to curb debt. This is vital amid an economic climate with inflation set to rise to 3.7%, rising unemployment and meagre economic growth of 0.75% but the 2026 delay risks festive overspending.
19 May 2025
Klarna, Zilch, Clearpay: What does the buy now pay later crackdown mean for UK fintech?
Tony Redondo, founder atĀ Cosmos Currency Exchange, said: āOver-regulation might choke fintech innovation, leaving low income users reliant on fewer choices and costlier loans.ā
02 May 2025
'Absurd' tax penalty for families with one main earner could cost parents thousands
Tony Redondo, founder of Cosmos Currency Exchange, was less optimistic.
He said: “The Bank of England’s May 8 decision is critical – further cuts might inflate a bubble, while systemic issues like nine-times earnings affordability and wage stagnation must be tackled to prevent a crash.”
24 April 2025
Is the chaos over?
IPBN member Tony Redondo asked, “Is the chaos over?Ā Is the market chaos of the last few weeks abating or was it only the opening shot of something much bigger. Are we just in a trade war or in a fight for the 21st century.”
19 April 2025
Gold rush - price of a single bar soars above £1million amid Trump turmoil
Tony Redondo of Cosmos Currency Exchange warned: āThis rally still has legs. Investors are spooked, and goldās their bunker.ā
16 April 2025
Expert tips on how to navigate investing through a stock market downturn
Tony Redondo, founder of Cosmos Currency Exchange, said: āHistorically, investing rules hinge on diversification, long-term focus, and fundamentals. Principles that have weathered recessions and geopolitical shocks down the ages. Trumpās unpredictability hasnāt rewritten these investing rules but amplified their urgency.ā
11 April 2025
Rise in gold prices is āscreaming signal of market fearā
Tony Redondo, founder at Cosmos Currency Exchange called the high gold prices a āscreaming signal of market fearā.
10 April 2025
Donald Trump 'playing poker' with 90-day tariff pause as he āwaits to see who folds'
Tony Redondo, Founder of Cosmos Currency Exchange, pointed out that while the bond markets had not directly forced the billionaire’s hand, they had amplified the chaos caused by his tariffs. He noted that the US Treasury yields had dipped significantly, reflecting a broader flight to safety by investors.
09 April 2025
The āpound is a volatile cocktailā and the clear message from the market is āSterling is a risk assetā
Tony Redondo, Founder at Cosmos Currency Exchange added, āThe Pound is a volatile cocktail. Itās down to ā¬1.15, a 15-month low against the Euro and treading water against the US Dollar and at decade-plus highs against the likes of the Aussie and Kiwi Dollars and SA Rand. Wild swings in markets continue as traders grapple with pricing the impact of the trade war.
09 April 2025
The only real safe haven investment strategy in this market āis timeā
Tony Redondo, Founder at Cosmos Currency Exchange said, āIn todayās market, finding a safe haven is like trying to light a candle in a hurricane. Trumpās tariffs have sparked a global sell-off, with the FTSE 100 down 10%+ in days, the S&P 500 losing $5 trillion and recession odds spiking. Conventional investor wisdomāstocks for growth, bonds for safetyāis wobbling as volatility soars.
07 April 2025
iPhone prices 'could surge by £300' amid new Donald Trump tariffs
Tony Redondo, the founder of Cosmos Currency Exchange, warned: “Trump’s tariffs could double the cost of iPhones in the US if Apple passes on the full whack of the 54% China tariff. That’s a $799 iPhone 16 rocketing up to $1,598 or a $1,599 Pro Max hitting $3,200. In the UK, Apple might dodge a direct hit as tariffs don’t apply to imports here but don’t expect prices to stay put given input cost rises.
03 April 2025
The FTSE 250 ācould benefit in the current turbulent Trump climateā
āTrumpās tariffs including 25% on Canada/Mexico, 20% on the EU, 10%+ on China and 10% on the UK could hit US firms hard. Semiconductor giants like Nvidia face cost hikes from imported chips; Intel may gain but isnāt immune. Chinaās retaliation on rare materials could worsen shortages. Automakers like GM and Ford might see car cost jumps, risking sales if prices rise or exports drop due to retaliation.”
02 April 2025
Stock market selloff deepens as China responds to Trump's 'Liberation Day' tariffs: FTSE 100 plummets
āThe UKās flagship FTSE 100 index is particularly vulnerable this week. Itās already shed 4.2% since mid-March and could fall another 10% if tariffs hit, though UK insulation might limit losses if Trump spares Britain,ā says Tony Redondo, founder at Cosmos Currency Exchange.ā
26 March 2025
Smokers issued major update over price of cigarettes after Spring Statement
Tony Redondo, Founder at Cosmos Currency Exchange commented: “This feels like Reeves trying to play chess while everyone wants a rugby match.ā
20 March 2025
Bank of England interest rates decision doubts as 'cracks start to form'
Tony Redondo of Cosmos Currency Exchange disagrees, predicting: āThe MPC loves a slow dance, so they wonāt cut today. The dataās not screaming for it. Should they? If they prioritised growth over inflation, maybe – but inflation hawks are in control.ā
19 March 2025
Clash between vendor and client on cashless trend is āstarkā
Cosmos Currency ExchangeĀ founder, Tony Redondo, pointed out this is āno small problemā as 2.4mn over-65s use cash, according to Age UK, and 1.5mn UK adults used cash daily in 2023 – a four-year high according to the Financial Conduct Authority.
16 March 2025
Can we survive the Great British Booze Tax of 2025?
When economists and business owners bump into each other down the pub, they will have plenty to talk about. Tony Redondo, for example, Founder ofĀ Cosmos Currency Exchange, says, āAt best, Fridayās MOT on the UK economy will show lots of advisory notes; at worst, the car will be ready for salvage by the end of the second quarter once the tax rises hit home. The UK economyās limping along, with a knackered gearbox that is stuck between neutral and first gear.ā
14 March 2025
Gold reaches $3,000 as trade war escalates, economic uncertainty rises
“Though it feels like a psychological threshold, gold at $3,000 might just be a stepping stone if trade wars deepen,” said Tony Redondo, founder ofĀ Cosmos Currency Exchange. “That said, itās not all about Trump. Central banks, interest rate bets, geopolitical tensions, and inflation concerns are all stoking the flames.”
13 March 2025
Can you spot the best and worst desks in this office?
‘For me, the dud desk is the one parked next to the loo,’ adds Tony Redondo, of currency exchange firmĀ Cosmos. ‘Every flush is a grim reminder of your place in the pecking order.’
13 March 2025
Rachel Reeves facing 'awful April' with flat growth and soaring debt, experts warn
Tony Redondo, Founder atĀ Cosmos Currency Exchange, likened the UK economy to a failing vehicle. “At best, Fridayās MOT on the UK economy will show lots of advisory notes; at worst, the car will be ready for salvage by the end of the second quarter once the tax rises hit home. The UK economyās limping along, with a knackered gearbox that is stuck between neutral and first gear.ā
06 March 2025
Hundreds of Santander customers rage over blow which is 'simply not good enough'
Tony Redondo, Founder at Cosmos Currency Exchange commented: “803 hours and counting. That is how many hours of UK bank app disruptions clients have suffered since January 2023.”
04 March 2025
Abrdn changes name back to Aberdeen after rebrand was mocked
Tony Redondo, founder at Cosmos Currency Exchange said: “The 2021 shift to Abrdn, ditching vowels in a quirky nod to modernity, drew mockery for being unreadable and pretentious, alienating clients and investors alike. Todayās announcement is a pragmatic retreat from a branding experiment gone awry.”
28 February 2025
Payday turmoil as millions hit by banking app failures
Tony Redondo, founder at Cosmos Currency Exchange, added that with multiple banks hit at once, it āsuggests a shared system issue”.
28 February 2025
Pay day panic hitting your team? Hereās what to do
āThis isnāt isolated; recent glitches such as Barclays hint at UK banking fragility,ā says Tony Redondo, founder atĀ Cosmos Currency Exchange.
13 February 2025
Watt echoes Musk with Shadow Doge to tackle waste
Tony Redondo, founder ofĀ Cosmos Currency ExchangeĀ said: āWatt has been outspoken on government inefficiency, so there may be some sincerity behind his message.
07 February 2025
Savers warned āwindow may be closingā after BoE decision - What to do next
Savers warned āwindow may be closingā after BoE decision – What to do next
Ā
Tony Redondo, Founder at Cosmos Currency Exchange, acknowledged that the cut, alongside upcoming tax changes and rising costs in April, could “pose challenges for savers”.
06 February 2025
'Act now' warning issued for anyone with an easy-access savings account
Two members voting for a 0.5% cut shows the level of concern about the state of the UK economy. Borrowers should benefit from lower mortgage and business loan costs, while savers face weaker returns. The pound may weaken across the board, helping exports but increasing import costs and possibly fuelling inflation further.
05 February 2025
Gold prices rally as Trump ratchets up geopolitical tensions
Tony Redondo, founder ofĀ Cosmos Currency Exchange, said investors were seeking safety amid “market uncertainty, geopolitical risks and Trumpās policies”.
“Future Fed cuts, increasing trade tensions and political instability could push gold past $3,000. While a pullback is always a possibility, as a stronger US dollar may limit gains while profit taking could trigger corrects, the current volatility would suggest otherwise.”
31 January 2025
The Weekly Roundup January 27 - 31
WeĀ published a new Podcast with IPBN member Tony Redondo ACIB of Cosmos Currency Exchange LtdĀ on how to solve currency exchange headaches and tackle international payment pain points! Very interesting conversation with Ellis, IPBN Content Manager, for everyone who are dealing in multiple currencies.
20 January 2025
Weak December retail sales reinforce calls for rate cut
Tony Redondo, Founder of Cosmos Currency Exchange:
āThe āgolden quarterā of retail ā October through December ā was marred by a 0.3% monthly drop in December, alongside falling inflation to 2.5%.
Analysts are divided on next steps, but a rate cut of at least 0.25% seems inevitable.
14 January 2025
How the end of Spainās Golden Visa and property sale restrictions could affect you
It will be great news for the likes of Portugal, Italy and Greece, says Tony Redondo ofĀ Cosmos Currency Exchange.
“This change, along with the scrapping of the Golden Visa in April, will make Spain far less attractive for non-EU buyers seeking residency through property investment,ā he says.
14 January 2025
'Absurd' tax penalty for families with one main earner could cost parents thousands | Money blog
Tony Redondo, founder at Cosmos Currency Exchange, said this could go all the way down to $1.15.
“The pound has already fallen by over 2.5% against the Euro and by nearly 5% against the Dollar since Christmas,” he said in comments provided to Money by Newspage.
13 January 2025
DEBT CHAOS What market turmoil means for your money including pensions, mortgages and savings
What market turmoil means for your money including pensions, mortgages and savings.
09 January 2025
The Weekly Roundup January 6 - 10
IPBN member Tony Redondo said, “The Pound Sterling was 2024’s Second-best Performing G10 Currency. Bank of England Governor Andrew Bailey hinted at possible rate cuts in 2025, with markets pricing in three cuts.Ā Lower rates may not do the Pound Sterling any favours, but they could rescue the UK economy by stimulating economic activity.”