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Britain might deploy fiscal stimulus in autumn: Hammond

British finance minister, Philip Hammond, said the government could launch a stimulus package this autumn after survey data showed the economy was battered by the Brexit voteBritain could unleash a government stimulus package this autumn to counter the negative effects of its vote to leave the European Union, its finance minister said Sunday. “We have the option of a fiscal response, and we will do that on our normal timetable around the autumn statement,” Philip Hammond told reporters on the sidelines of a G20 finance ministers meeting in the Chinese city of Chengdu. “The reality is that there will be a measure of uncertainty right up to the conclusion of our negotiations with the European Union,” he added.

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