UK's Osborne says good-bye to his fiscal target

1 July 2016, 13:10
Sherif Hasan
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UK finance minister speaking on Sky ahead of a key speech and reported by BBC 1 July

  • UK will no longer hit surplus in public finances by 2019/20

We never were George. Complete pie in the sky.

  • UK must be realistic

First time for everything I guess eh George?

  • budget rules provide flexibility

Meanwhile GBP has another wobble lower to test 1.3250 and now back to 1.3283 EURGBP up to 0.8382 now 0.8273.

How you enjoying the first day of July ?


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