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UK's Hammond: Won't definitely take fiscal action in Nov

Been a busy and chatty boy today

  • Will have hadr data to act on by the time of the Autumn statement

  • Is favouring modest investment projects to boost economy

During the week he announced a £5bn project to prop up house prices help stabilise the property market.

He goes on;

  • Might wait until March to announce new budget deficit reduction plan

He's also stuck two fingers up at France by saying that Paris would be ruled out as winners of London Clearing.

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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