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Hammond will urge CEOs to invest in UK after Brexit

Will call on executives to not use Brexit as excuse for delayed investment, seek options beyond EU

Svenja O'Donnell & David Hellier | Bloomberg 

Chancellor of the Exchequer Philip Hammond will press British companies to try harder to seize opportunities from Brexit, promising in return that the government will heed their concerns over the split with the UK’s biggest trading partner. Hammond will use a Monday dinner speech in London organised by the Confederation of British Industry to promote a Brexit deal based on the needs of the economy. He will though also call on executives not to use the looming divorce as an excuse to delay investment and recommend that they increasingly seek out contracts beyond the European ...

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First Published: Mon, July 03 2017. 01:42 IST