UK's Hammond: Value added tax threshold for businesses will stay unchanged for further 2 years

British Chancellor of the Exchequer Philip Hammond is now delivering his annual budget speech to the Parliament with key quotes, via Reuters, found below.

  • Increasing businesses' annual investment allowance to 1 mln sterling for 2 years from 200,000 sterling.
  • Will halve apprentice levy contribution for smaller firms.
  • From April 2020 will target national insurance incentives only at smaller employers.
  • Value added tax threshold for businesses will stay unchanged for further 2 years.

BoE to keep quiet on next steps as 'no deal' risk builds - ING

"Despite better economic activity over the past few months, Brexit remains the Bank of England's number one priority," note ING analysts. "We expect a
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EUR/GBP Technical Analysis: Euro bulls grinding up and testing 0.8900 figure

EUR/GBP 4-hour chart Main Trend:            Bullish Resistance 1:         0.8900 figure  Resistance 2:         0.8950 figure Resistance 3:      
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