Prices rise for British tourists as Brexit puts the pound in the shade

Fighting talk on Brexit from Jeremy Hunt and Boris Johnson has inevitably hit the value of sterlingSun, sea and sinking sterling. News of a fresh decline in the value of the pound was greeted with forbearance by travellers at Luton airport last week. T…

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Worsening public finances give next PM a sharp ‘reality check’

Highest June deficit for four years shows economic slowdown is feeding throughPledges by Boris Johnson and Jeremy Hunt to cut taxes and increase spending have come just as the UK’s public finances have shown a marked deterioration, according to the lat…

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No-deal Brexit would plunge Britain into a recession, says OBR

Office for Budget Responsibility believes economy would shrink by 2% by end of 2020A no-deal Brexit would plunge Britain into a recession that would shrink the economy by 2%, push unemployment above 5% and send house prices tumbling by around 10%, acco…

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Pound could fall to parity with dollar on hard Brexit concerns

Fear of ‘hardline’ Boris Johnson and Jeremy Hunt could push sterling down to mid-80s levels, says Morgan StanleyThe pound’s fall to a two-year low against the dollar could be the start of a no-deal Brexit inspired wave of selling that would push sterli…

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Belfast could be Singapore-style tax-free zone, says Johnson

Support from both Tory leadership contenders for free ports draws criticismBelfast could be turned into a Singapore-style tax-free zone under proposals being considered by Boris Johnson, the frontrunner to become the new prime minister.At a hustings in…

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Do spending plans of Boris Johnson and Jeremy Hunt add up?

Both Tory leadership hopefuls have made promises ranging from tax cuts to defencePhilip Hammond has warned the two Conservative leadership candidates their tax and spending plans would be impossible under a no-deal Brexit.Here is an analysis of what Bo…

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