While speaking business leaders at a conference organised by Britain’s main business lobby, the CBI, on Monday, British Prime Minister Boris Johnson announced that they will be postponing further cuts in corporation tax. “Pausing cuts in corporation tax is fiscally responsible, it does not mean we are averse to reducing taxes on business,” Johnson further explained, per Reuters. These comments had little to no impact on the British pound’s market valuation. As of writing, the GBP/USD pair was trading at 1.2965, adding 0.52% on a daily basis. 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 Germany’s Bundesbank: Slowdown of economy to continue in Q4 FX Street 3 years While speaking business leaders at a conference organised by Britain's main business lobby, the CBI, on Monday, British Prime Minister Boris Johnson announced that they will be postponing further cuts in corporation tax. "Pausing cuts in corporation tax is fiscally responsible, it does not mean we are averse to reducing taxes on business," Johnson further explained, per Reuters. These comments had little to no impact on the British pound's market valuation. As of writing, the GBP/USD pair was trading at 1.2965, adding 0.52% on a daily basis. 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.
