Britain 'very confident' of Brexit deal, says finance minister
Britain is still "very confident" of a Brexit divorce deal with the EU, finance minister Philip Hammond said Tuesday, a day after negotiations failed at the eleventh hour to produce an agreement.
Lawmaker calls for probe of UK bank’s ties in South African money laundering case
British lawmaker Peter Hain said on Wednesday he has asked finance minister Philip Hammond to refer an unidentified UK bank to regulators for an investigation into possible involvement in alleged money laundering involving South Africa’s Gupta family.
Britain sees stronger economy as Brexit looms
Britain's economy will grow far stronger than expected this year, finance minister Philip Hammond said Wednesday, as the country readies to trigger its exit from the European Union.
Brexit will be 'tough' and 'complicated', says UK finance minister
British Finance Minister Philip Hammond has warned that Brexit negotiations would be difficult, but said he hoped to maintain strong economic ties with the European Union.
British economy faces Brexit 'rollercoaster'
Britain's economy faces "turbulence" as it negotiates its EU exit and consumer and business confidence could go up and down like a "rollercoaster", finance minister Philip Hammond warned on Monday.
UK vows to match EU funds, farm subsidies after Brexit
The British government pledged Saturday to match European Union funding for farmers, universities and infrastructure projects following Brexit, as it sought to allay fears over key sectors.
Lew to return to London to meet new British finance minister
US Treasury Secretary Jacob Lew said he would travel to Britain for the second time in a week Thursday to met new finance minister Philip Hammond.
UK resists swift withdrawal pressure
Britain will resist pressure from the European Union (EU) for a swift start to negotiations on its withdrawal from the bloc, Foreign Secretary, Philip Hammond, has indicated.