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The pound has reached unprecedented heights

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The United Kingdom (UK) exchange rate has reached its old unprecedented highs against the US dollar and the euro after it explained that the ruling Conservative Party had won more than a few MPs and did not approve of the parliament.

The pound is currently trading at $ 1.34 / pound and $ 1.20 / pound. Financial analysts predict that the pound may soon reach $ 1.40 per pound. On the other hand, the pound is still below the Brexit referendum day, when the pound was paid at $ 1.50

The pound has been influenced by rising business expectations

Growth in the pound has been influenced by rising business expectations that Brexit will succeed by January 31 next year and the Brexit transition will last until December 31 next year.

On the other hand, after the Brexit transition, there is still concern that the UK will trade with the EU under World Trade Organization (WTO) rules if it fails to agree on free trade conditions.

 

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Britanija

Prince Charles Tests Positive for Coronavirus

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Prince Charles

Prince Charles has tested positive for coronavirus.The 71-year-old man has „mild“ symptoms, feels well, is positive about the royal family. Prince Charles is the first British royal to have contracted the virus.

Charles falls into the highest risk groups, which include the elderly. For the test artist and his spouse Camilla, the result was ultimately negative.

All members of the royal family are separated

Currently, all members of the royal family are separated. Charles and his wife are in Balmoral Castle, Scotland.

More details were printed when the prince felt ill after a two-week official meeting with Prince Albert of Monaco in London. For this positive coronavirus test three days ago, approximately nine days after the visit to London.

So far no information has been released as to whether other members of the royal family are also being screened for coronavirus and what Queen Elizabeth II’s health status is.

In the U.K., more than 8,000 have tested positive for coronavirus, while 422 people have died.

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Britanija

Coronavirus: Isolating cities in UK

The United Kingdom does not exclude the possibility that some cities will have to be isolated as the coronavirus continues to spread.

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corona virus

The United Kingdom does not exclude the possibility that some cities will have to be isolated as the coronavirus continues to spread.

More than 200 British tourists are quarantined

There are currently 35 confirmed cases of coronavirus in the UK, but the government warns that the number will increase. More than 200 British tourists are quarantined at the H10 Costa Adeje Palace in Tenerife, but if the coronavirus tests are negative, the British will be allowed to fly home.

The government has confirmed that emergency hospitals, including hip and knee replacements, may be canceled in the country’s hospitals in the near future.

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Britanija

The UK government can raise taxes

The government will be forced to borrow £ 63 billion, or £ 23 billion more, in the next financial year than projected in the latest government report.

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The UK Institute for Fiscal Studies (IFS) has warned that the country’s new Treasury Chancellor, Rishi Sunak, will have to choose between raising taxes or breaking government borrowing rules when presenting this year’s budget.

Borrowing £ 63 billion

The government will be forced to borrow £ 63 billion, or £ 23 billion more, in the next financial year than projected in the latest government report.

IFS is proposing to increase budget revenue by alternative means, including lifting the fuel tax freeze, which would add £ 4 billion to government revenue, with the approval of the national parliament alone.

The new budget will announce the tax and spending plans that the government intends to collect for the coming financial year,

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