Before the crisis broke in 2007, one euro bought over 1.60 Swiss francs. Now it buys only 1.20. The Swiss franc is a classic safe haven, while the Swiss economy's sound fiscal fundamentals and relative resilience it is expected to grow by over 2% this year have given the currency an additional fillip. Other typical safe havens such as the yen and the dollar have not been deemed as safe as usual, owing to the earthquake damaging Japanese growth and concern over US borrowing.
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Review: Eden Roc Cap Cana – fun, sun and golf in the CaribbeanTravel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course
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Reeves delays cash ISA reform, but savers are not out of the woods yetThe chancellor has reportedly delayed plans to cut the cash ISA limit, which were set to be announced at Mansion House on 15 July, and will take more time to consult with the industry
