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UK’s Hammond: There has been a hit to the UK economy due to Brexit uncertainty

The UK finance minister Philip Hammond was out on the wires in the last hour, saying that there has been a hit to UK economy due to Brexit uncertainty.

Key quotes:

   “¢   There will be a boost to the UK economy when PM May lands a deal.
   “¢   Many businesses are sitting on their hands.
   “¢   Next few weeks will be critical, this is a live negotiation.
   “¢   The mood is that EU wants to do a deal.
   “¢   We have our red lines, non-negotiable parts of the Brexit talk.
   “¢   We are talking about how to implement customs arrangements.

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