Chancellor Philip Hammond is delivering his last Budget announcement before Brexit today amid growing pressure on the Government over its handling of leaving the European Union . Mr Hammond is announcing his second budget of the year. The budget, presented in the House of Commons, will set out the Government’s economic plan for the country. But the Chancellor will be under pressure to demonstrate that austerity is reaching an end when he delivers his Budget statement . Philip Hammond has promised a Budget for "the strivers, the grafters and the carers" as he set out his tax and spending plans in the Commons. His comments come after Prime Minister Theresa May promised she was ending years of austerity. "The era of austerity is finally coming to an end," Mr Hammond told MPs. Follow live updates here: Key Events Passengers could be hit by Air Passenger Duty rise 20:10 Everything that was announced 18:09 Reaction to the Budget 17:54 Beer, cider and spirit tax frozen … [Read more...] about UK Budget Announcement 2018 LIVE: What it means for you
Gdp what does it mean
With Christmas on the way, a European getaway might be on the cards, so it's good to know you're getting value for money. Here is our guide to what's happening in the euro currency market — and how to get the best price for your sterling. What is today's pound to euro exchange rate? The pound was trading at €1.12 at 7.30am on October 30, 2018. The trading value continues to be affected by speculation over Brexit, and even the Government's "end of austerity" budget provided no real lift in the pound's value. Actual rates for holidaymakers are significantly lower than market prices, but they broadly follow the trend. Sterling had been on a very modest upward trend from August, but lost a large part of the value it had gained in mid-October. Brexit jitters have persisted since Prime Minister Theresa May rejected the possibility of a people's vote on the final deal, and said she would push for a break with the EU even if it cost her the top job. Bank of England governor … [Read more...] about Pound to euro exchange rate – what is the exchange rate today and where’s the best place to buy currency?
Theresa May will attempt to rally ministers over the next 48 hours as concerns about a no-deal Brexit grow. The Prime Minister was dealt a blow on Sunday after EU leaders decided to scrap plans to publish a draft on a future trade deal with Britain when talks about what will happen with the Irish border failed. As Mrs May moves to get a deal drawn up, question after question is being raised about what will happen when the UK leaves the EU on March 19. And in the middle of this political and socio-economic maelstrom lies business. So what could Brexit mean for Bristol business? How is it going to impact trade, recruitment and foreign investment? And what opportunities will it bring? Business leaders from across the Bristol city region gathered at PwC’s Bristol office to discuss the implications of Brexit on business in the city. An expert panel, chaired by Bristol Post editor-in-chief Mike Norton, included Philip Syrpis, professor of EU Law at Bristol University; Anne … [Read more...] about What does Brexit mean for Bristol?
Europe 28 May 2018 Share this with Facebook Share this with Twitter Share this with Messenger Share this with Messenger Share this with Email Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link http://www.bbc.com/news/world-europe-44277888 Read more about sharing. These are external links and will open in a new window Close share panel Italy looks set to have an interim government before fresh elections, in a political crisis which pits Eurosceptic populists - winners of the March election - against pro-EU establishment politicians.President Sergio Mattarella's … [Read more...] about What is Italy’s political crisis all about?
Investors are bracing for further market jolts after Mahathir Mohamad’s surprise victory in Malaysia’s election.At 92 years old, Mahathir led a four-party coalition to end the six-decade rule of Najib Razak’s party. Investors had been betting on Najib retaining power, and Mahathir’s return to office 15 years after he stepped down as prime minister injects more uncertainty into financial markets and the economy at a time when emerging markets are under attack globally.What To Watch in MarketsMarkets are shut on Thursday and Friday after the government declared public holidays. One-month non-deliverable forwards imply the ringgit will be about 3 percent weaker when onshore markets reopen on Monday. The currency touched four-month low of 3.9507 on May 8 Stocks could drop 8 percent within three days: Affin Hwang Asset Management BhdConsumer sector stands out as major beneficiary as GST removal, fuel subsidy, minimum wage revision could boost … [Read more...] about What Mahathir’s Shock Malaysia Win Means for the Economy and Markets