Britain’s Budget to be Presented After Brexit This Year? - Forex News by FX Leaders

Britain’s Budget to be Presented After Brexit This Year?

Posted Wednesday, October 2, 2019 by
Arslan Butt • 1 min read

Amid ongoing Brexit uncertainties, Finance Minister Said Javid confirmed that he will present a budget in 2019. According to a recent report on Financial Times, Javid is expected to delay his first budget presentation until after the October 31 deadline of Brexit.

Javid had confirmed that the contents of the budget would depend on how Brexit finally happens, whether Britain’s exit from the EU takes place with or without a deal. At his party’s annual conference on Monday, Javid had listed his economic agenda and assured his party members that he was ready to roll out all the help possible via economic policy.

Javid confirmed plans for a 2019 budget while attending an event at the Institute of Economic Affairs. Although he failed to offer clarity on his plans for tax and spending, he hinted at his intentions of simplifying Britain’s current taxation system.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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