UK’s Hammond says ‘urgent’ progress needed on Brexit stance

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© Reuters. Britain's Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street in London© Reuters. Britain’s Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street in London

LONDON (Reuters) – British government ministers recognize that there is an urgent need to set out more details of the trading and customs relationship they want with the after Brexit, finance minister Philip Hammond said on Tuesday.

“On Friday the cabinet will meet to set out our way forward in our negotiations with the European Union. We recognize that this is now urgent and that we need to make progress,” Hammond told parliament during a regular question and answer session.

Prime Minister Theresa May is due to gather senior ministers on Friday to hammer out disagreements over customs plans, less than nine months before the country is scheduled to leave the EU.

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Source: Investing.com