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UK Chancellor Hammond says he'll take a flexible approach in Autumn budget

Report in the Financial Times, via Bloomberg

  • Hammond speaking to Cabinet, says to expect modest fiscal stimulus
  • Greater stimulus allowed for if growth rates fall - he could leave significant room to allow for a rising deficit if the eco environment turns poor

Added - here's the link to the FT piece, gated: Hammond seeks fiscal headroom to react to any Brexit fallout

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Note - Autumn Statement from the UK is due on November 25

Nup ... wrong Hammond, Eamonn

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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