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UK's Hammond: Had "very constructive meeting" with Labour counterpart

British Finance Minister Hammond crossed the wires in the last minutes saying that he had a very constructive meeting with his Labour counterpart before leaving for Beijing.

Key quotes (via Reuters)

  • Very important to get to bottom of leak on Huawei decision.
  • I absolutely do not favour a no deal exit from the European Union.
  • Speaking about talks with Labour party, says both sides will have to compromise in order to reach agreement.
    • Optimistic we will find common ground
  • Hopes to see progress on Shanghai-London stock connect at June talks with China.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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