• UK finance minister Hammond: Would expect very substantial increase in business investment once Brexit uncertainty resolved

Market news

12 April 2019

UK finance minister Hammond: Would expect very substantial increase in business investment once Brexit uncertainty resolved

  • Our focus is to get a Brexit deal through parliament as quickly as possible
  • Talks with Labour have created a more constructive environment for Brexit talks
  • No-deal Brexit no longer an immediate threat but risk hasn't been removed altogether
  • Chances of second referendum depends on Labour, which is deeply divided on this
  • UK will have some work to do to restore its reputation after Brexit
  • Process for finding a new BoE governor is getting underway
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