UK finance minister Hammond: confident of getting a good deal for Brexit

6 Nov 2018 01:37 PM

UK Finance Minister Philippe Hammond has continued his attempts to reassure the markets, saying he is confident the UK will get a good deal for Brexit. His most prominent statements came as follows:

  • The best way to reduce debt is by promoting growth rates
  • It is difficult to try to use the budget surplus every year to reduce debt as a percentage of GDP
  • Not worried about the recent budget will be inflationary
  • If we do not reach agreement on Brexit, the economy will re establish itself.

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