Britain will have a $35.2 billion war chest to buffer any potential damage from exiting EU
By law, Britain will leave the EU on March 29, with or without a deal, unless it cancels Brexit or secures a delay.
With the Brexit deadline approaching on March 29 and no deal reached over the UK's departure, the government is stepping up economic contingency plans. Its report assessed Finance Minister Philip Hammond's latest economic report to parliament, which he delivered earlier Wednesday. Britain's Prime Minister Theresa May reacts in parliament following the vote on Brexit in London, Britain, March 13, 2019. "This is up from £15.4 billion [$20.44 billion] in October, as the fiscal costs of the temporary near-term cyclical weakness of the economy have been swamped by the fiscal gains from higher income tax and lower debt interest spending."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Sony Sped Up A Factory With These Tiny, $35 ComputersHobbyists and teachers were the first big fans of the Raspberry Pi. Now industrialists are using it as a cheap way to spy on their robots, potentially boosting the Internet of Things market.
Read more »
How Sony Sped Up A Factory With These Tiny, $35 ComputersHobbyists and teachers were the first big fans of the Raspberry Pi. Now industrialists are using it as a cheap way to spy on their robots, potentially boosting the Internet of Things market.
Read more »
Google paid former exec $35 million after harassment claimGoogle paid former search executive Amit Singhal $35 million in an exit package when he was reportedly forced to resign after a sexual assault investigation, according to court documents.
Read more »
Exxon Mobil shares slump as the oil major tells investors to brace for higher spending'Below $35, we're going to be profitable,' Exxon Mobile CEO Darren Woods discusses the company's most recent financial guidance and its Permian Basin investment.
Read more »
Disney shareholders narrowly approve CEO Bob Iger's pay packageDisney shareholders on Thursday narrowly approved a compensation package for CEO Bob Iger worth as much as $35 million this year.
Read more »
UK won't accept Brexit deal that puts union at risk: PM's party chairmanBritain cannot accept an EU proposal to break the deadlock in the Brexit talks b...
Read more »
How Sony Sped Up A Factory With These Tiny, $35 ComputersHobbyists and teachers were the first big fans of the Raspberry Pi. Now industrialists are using it as a cheap way to spy on their robots, potentially boosting the Internet of Things market.
Read more »