The beauty spy


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You won't see her, but she's there - in the salons, spas and shops - and she's happy to share her secrets on rejuvenating your hair. There's a bit of a trend for anti-ageing hair products at the moment and many of my friends think it's just another way for beauty companies to harness our paranoia about our looks and con us into emptying our wallets. Surely "hair ageing" can be dealt with quite painlessly by a good colourist. However, it seems that greyness is no more the only sign of hair ageing than wrinkles are the only sign of skin getting older.

Even if you are lucky enough not to go grey, your hair is still getting older. You'll notice in your forties that it's less abundant, but, according to Philip Kingsley - the world's most in-demand trichologist - hair's volume decreases gradually from the age of 25. It's common for hair to get drier as we get older and it loses "bounce" thanks to a decline in elasticity. The good news is that products and diet can make a dramatic difference. Most women don't eat enough protein to support their hair. I noticed a massive improvement in the condition of mine when I added some eggy breakfasts and a few helpings a week of fresh fish. I do think that some of our older beauty icons owe a lot to their hair: Catherine Deneuve, even Madonna. Good hair gives an overall impression of youth and good looks, even if the skin's been neglected - just look at the Duchess of Cornwall. The thick, shiny, creamy hair that replaced a greying mop of frizz when she married the Prince of Wales was, in truth, the key to her so-called "makeover".

For friends who suddenly notice, usually around the age of 40, that their hair needs some attention, I recommend the Kérastase range. Long trusted by professionals, it has something for every hair type. Their Reflection products, for example, are wonderful for protecting coloured hair, and I would struggle to survive without the Oleo Relax shampoos and conditioners, for dry or frizzy hair types.

Charles Worthington's excellent new Time Defy range contains sunflower extract to protect hair and mineral kelp to nourish, and the conditioners are especially good. Frédéric Fekkai, the Hollywood stylist, has a range called Ageless, if you want to splash out. His Creme Luxe Hair Treatment is pricey at £60 (www.hqhair.com), but who baulks at that for an anti-wrinkle cream these days?

Nikki Kinnaird, the founder of the Space NK beauty chain, on looking and feeling your best. Exercise every day is important, not just for burning calories, but for your state of mind, energy and stress levels. Getting fresh air is a great way to start your day. It's energising and a good way of getting your circulation going. Take care of your body all year round. In the summer, worrying about baring your body seems to become a priority, so keep up good habits all the time. I recommend using a body brush, exfoliators and firming creams. Antioxidants are always part of my day. Drinking green tea all day is an excellent way of making sure you take in plenty.

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg