Previous close | 1.154 |
Open | 1.153 |
Bid | 1.157 |
Day's range | 1.153 - 1.157 |
52-week range | 1.0526 - 1.1695 |
Ask | 1.157 |
Before the Conservative party was elected in 2019, it pledged to introduce a 'triple tax lock' to ensure rates of income tax, national insurance and VAT would not rise if they were elected to government.
The bonds — which will be launched by chancellor Rishi Sunak in next week's Budget — will help the government raise funds to invest in renewable energy and clean transportation projects among other things.
According to a report by financial consultants at LCP, despite the widespread havoc on businesses, many have seen their financial situation improve — another data point which highlights rising inequality in the UK.