BREXIT CLOUD OVER BUSINESS INVESTMENT

LONDON: Large amounts of business investment is being postponed because of uncertainty over the future outcome of Brexit negotiations so Britain should seek clarity as early as possible over a transition arrangement, finance minister Philip Hammond said. “There would be a sigh of relief from business if we were able to get an early agreement on a transition arrangement,” he told Sky News yesterday. Hammond said the British people wanted a Brexit that protected their jobs and their standard of living. Hammond said he was not at odds with other ministers in government over his approach to Brexit. – Reuters