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Per the FT, building on the weekend reports......>

UK
UK: Per the FT, building on the weekend reports re: fiscal stimulus that could
be outlined in Chancellor Sunak's Wednesday address: "The Chancellor is
considering a series of temporary tax cuts, including a stamp duty holiday for
more affordable homes and a cut in VAT targeted at the hospitality sector. Both
changes could be introduced immediately to provide a quick boost to the
economy."
- Elsewhere, a reporter from the Sun has tweeted the following: "I'm told Rishi
Sunak is now planning to announce this stamp duty holiday will take effect
immediately from Wednesday amid fears the leaked plans would freeze the housing
market until the autumn."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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