UK seeks to assuage global worries over path to Brexit

Britain needs time to come up with strategy: Hammond

CHENGDU, China, July 24, (RTRS): Britain’s new finance minister Philip Hammond, under pressure from his peers from around the world, said on Sunday there could be more clarity later this year on how the country will exit the European Union.

Several nations called on Britain during weekend talks on the world economy to explain how the politically fraught Brexit process will unfold in order to avoid adding a new drag on the long and slow recovery from the financial crisis.

G20 Finance Ministers and Central Bank Governors prepare for a group photo session in Chengdu in southwestern China’s Sichuan province, July 24. Participants in the front row are (from left), World Bank President Jim Yong Kim, an unidentified member,...