- Analytics
- News and Tools
- Market News
- UK PM Truss: Will introduce low-tax investment zones across the country
UK PM Truss: Will introduce low-tax investment zones across the country
British Prime Minister Liz Truss said on Wednesday that they will be introducing low-tax investment zones across the UK, as reported by Reuters. "Alongside the tax statement that the Chancellor (finance minister) will lay out, he’ll also lay out a series of supply-side reforms to make our economy more productive over the long-term, in areas like financial services," Truss added.
Regarding a potential trade agreement with the US, Truss reiterated that they are open to negotiating a trade deal when the US is ready to do so.
Market reaction
Following these comments, the British pound stays under bearish pressure. As of writing, the GBP/USD pair was trading at 1.1330, where it was down 0.45% on a daily basis.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
