Before the new measures to help households are announced on Thursday, the UK Chancellor of the Exchequer and Treasury Steve Barclaysaid the UK should increase the payment of aid in a way that does not discourage investment.
“On the payment side, looking at the balance between what’s done through debt and what’s done through increased revenue, we have to do it in a way that doesn’t deter investment,” Barclay said. .
It is likely that the UK Chancellor of the Exchequer, Rishi Sunak, announce measures likely to include £10bn ($12.6bn) aid packageaccording to a source in the energy sector.
market reaction
The GBP/USD it is testing lows near 1.2550, without the likely announcement of fiscal measures, which could ease cost-of-living pressures on households, inspiring confidence. The pair is down 0.09% on the day.
Source: Fx Street
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