UK: Focus back on politics again – Deutsche Bank

Deutsche Bank analysts point out that in the UK, MPs will be returning to Parliament today, where they will resume debate on the Withdrawal Agreement Bill that implements the Brexit deal into UK law.

Key Quotes

“The House of Commons is scheduled to debate the bill over the next 3 days, but with the government having an 80-seat majority in the Commons following last month’s election, there aren’t expected to be any issues over its passage.”

“Elsewhere, the Telegraph reported overnight that the UK government will deliver its budget on March 11. Chancellor Sajid Javid’s first budget is likely to be expansionary as during the election campaign he promised to loosen constraints on borrowing to the tune of up to £20 bn a year for capital spending.”