The British pound is up against the dollar after Chancellor Rishi Sunak has announced new economic stimuli. In his hearing, Sunak said that the government would pay a bonus to companies if these employees continued to work even if the corona crisis support measures to maintain jobs ended in October. A bonus of £ 1,000 per employee is planned, which will be continued until at least January and receive a monthly salary of at least £ 520.
In addition, the lower limit for stamp duty on home purchases will be raised to £ 500,000 from £ 125,000. This regulation will apply until the end of March next year.
To support the hospitality industry, the British government will grant every restaurant visitor a 50 percent discount on food.
The pound is rising to $ 1.2578 from 1.2541 before measures are announced. The euro shows little change at 0.90006 pounds.
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