• UK PM May unveils $2.1-billion fund for Brexit-backing towns - Reuters

Market news

4 March 2019

UK PM May unveils $2.1-billion fund for Brexit-backing towns - Reuters

According to Reuters, the UK's Prime Minister Theresa May will on Monday set out plans for a 1.6-billion pound ($2.11-billion) fund to help to boost economic growth in Brexit-supporting communities with ministers denying it was a bribe to win support for her EU exit deal.

The “Stronger Towns Fund”, details of which appeared in newspapers last month, is considered by many as part of May’s efforts to win support for her Brexit deal from opposition Labour lawmakers, who represent areas that voted strongly in favor of withdrawing from the EU.


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
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.