Chancellor Hammond says Britain needs new economic plan after Brexit vote

Chancellor Hammond says Britain needs new economic plan after Brexit vote
 

Britain needs a new plan to balance the competing demands of fixing its still-weak public finances and boosting the economy with infrastructure spending following the vote to leave the European Union, Chancellor Philip Hammond is expected to say on Monday.
Although Britain's economy appears to have largely weathered the initial shock of June's vote, Hammond plans to ease the strict spending rules laid down by his predecessor George Osborne.
Speaking at the ruling Conservative Party's annual conference in Birmingham, Hammond is due to say that whilst budgetary discipline remains crucial for... read more

 
3 October 2016 in Business, Views: 46
Source: Reuters
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