VOT Research Desk
The Autumn Budget is being delivered to parliament by UK Finance Minister Jeremy Hunt. will set a 7% maximum ceiling on rent increases for public homes. increase in the minimum wage of 9.7%.
The minimum wage per hour will increase to 10.42 pounds. will increase working-age and disability benefits in accordance with inflation. An increase in benefits will cost 11 billion pounds. will 10.1% more pension credit, will raise the state pension to reflect the triple lock.
GBPUSD was last seen trading at 1.1830, down 0.65% on a daily basis, and is still under some light negative pressure.
