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Bitcoin hits record high and pound rises ahead of Trump’s inauguration – business live
Bitcoin rises over $109,000; sterling and euro jump after report Trump won’t impose new tariffs yetThe UK chancellor, Rachel Reeves, will travel to the World Economic Forum’s annual meeting in Davos this week in the hope of convincing some of the world’s largest companies to invest, with allies saying she will use spending cuts rather than further tax increases to meet her own fiscal rules.At the same time, the Treasury is considering a push to cut the benefits bill, in a move that is causing nervousness among Labour MPs. Continue reading...
Bitcoin rises over $109,000; sterling and euro jump after report Trump won’t impose new tariffs yet
The UK chancellor, Rachel Reeves, will travel to the World Economic Forum’s annual meeting in Davos this week in the hope of convincing some of the world’s largest companies to invest, with allies saying she will use spending cuts rather than further tax increases to meet her own fiscal rules.
At the same time, the Treasury is considering a push to cut the benefits bill, in a move that is causing nervousness among Labour MPs. Continue reading...
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