Following its announcement of heavy spending plans for no-deal Brexit on the previous day, the UK Chancellor Sajid Javid has recently ordered HM Revenue & Customs (HMRC) to make preparations for a no-deal Brexit on October 31 its “absolute top priority”, as per the Financial Times. The news report quotes a letter to the Jon Thompson, the soon-to-depart permanent secretary at HMRC that emphasize Mr. Javid’s expectations of weekly “delivery focused updates” from now on to check that preparations are being put in place to ensure exports are not held up at the border after October 31. FX Implications With no-deal Brexit speculations dragging the British Pound from all the corners, such news exerts additional downside pressure on the UK currency. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US President Trump ruled out Treasury Sec. Mnuchin’s proposal to warn China – Bloomberg FX Street 4 years Following its announcement of heavy spending plans for no-deal Brexit on the previous day, the UK Chancellor Sajid Javid has recently ordered HM Revenue & Customs (HMRC) to make preparations for a no-deal Brexit on October 31 its "absolute top priority", as per the Financial Times. The news report quotes a letter to the Jon Thompson, the soon-to-depart permanent secretary at HMRC that emphasize Mr. Javid's expectations of weekly "delivery focused updates" from now on to check that preparations are being put in place to ensure exports are not held up at the border after October 31. FX Implications With… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
