New UK finance minister speaking on Sky tv. Wires reporting 14 July 2016
- Autumn Budget to take place as usual
- would not take 6 years to negotiate a Brexit deal
- getting small print and rubber-stamping through EU parliament could take a while
Yep, especially after Nigel Farage's sticking two fingers up and saying and ridiculing them when he addressed them last week.
- markets do need signals of reassurance to know that we will do whatever is necessary
- confidence will gradually return and people will see shape of future we are mapping out
- declines to say whether he continue with plans to cut corp tax
- says Carney doing an excellent job as BOE gov
I wonder what conversation Hammond has had with Carney already re MPC decision today...
New UK fin min Hammond - No emergency Budget plans
