UK finance minister Hammond says need to determine what is a realistic 'worst case' scenario for brexit that we can plan for

Market news

11 October 2017

UK finance minister Hammond says need to determine what is a realistic 'worst case' scenario for brexit that we can plan for

Money spent on customs border with eu would be money that could not be spent on public services
Do not propose to allocate brexit funds to departments before spending is needed
UK does have fundamental underlying problem with productivity growth
UK economy fundamentally robust but has 'cloud of uncertainty' that we need to remove as soon as possible

UK finance minister Hammond says equivalence that EU currently offers U.S. financial service firms can be withdrawn at short notice, would not be appropriate for UK

Russian foreign ministry says not ruling out it may demand that U.S. cut number of diplomats in Russia to 300 or below - RIA

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.