The looming risk of a no-deal Brexit has forced the UK to continue to restrict public spending and maintain a fiscal "buffer", Chancellor Philip Hammond said in his Budget 2018 speech, which he could unleash in the event a deal is reached.
In his Autumn budget speech, Hammond committed £500m for government department for Brexit preparations, in addition to the £1.5bn already allocated for 2019-20 and the £2.2bn already spent. Budget 2018:...
The US dollar is close to peaking and the risks now seem to be on the downside.
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