More work to be done on economy, UK finance minister tells cabinet By Reuters

© Reuters. Britain’s Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street to deliver his half-yearly update on the public finances, in London

LONDON (Reuters) – Finance minister Philip Hammond told top ministers on Tuesday there was still work to be done on the British economy and that he would continue to take a balanced approach to its management, a spokesman for Prime Minister Theresa May said.

“He said there is still work to be done but the government will always take a balanced approach to reduce our debt, invest in public services and keep taxes low,” her spokesman told reporters.

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