UK FinMin Hammond to call for business support post-Brexit - Reuters

Dhwani Mehta FXStreet

At an event hosted by the Confederation of British Industry (CBI) on Thursday, the UK Finance Minister/ Chancellor Phillip Hammond will urge the business leaders at the World Economic Forum (WEF) in Davos, Switzerland to continue to invest in the country after Brexit.

Hammond is expected to say: “Britain is a great place to do business. And we are determined, as we leave the EU, to make sure it remains that way.”

Reuters reports that Hammond is also flagging up £100 million in government funding for 1,000 new doctoral research places focused on artificial intelligence for use in public hospitals, voice-recognition software and pollution monitoring.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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