UK finance minister currently speaking to BBC Radio 4 14 July 2016
- declines to offer details of what the govt has planned
- will be sitting down with Carney in an hour
Oh to be a fly on the wall.
- approach on budget deficit was right in 2010
- circumstances have changed now, approach to economic policy must be reshaped
- still a need to reduce deficit
Hammond was very much a part of the Remain scaremongering campaign in his previous role as Foreign Sec. He previously has been Chief Sec to the Treasury so he has some background for his current role.
- need to sort a deal with EU sooner rather than later
- must ensure access to EU single market for fin services
- no room for complacency over City of London, a key area for both UK and EU businesses
