UK fin min Hammond speaking on BBC TV 3 Oct

No time soon then. Still a long way to go even when Article 50 is triggered.

  • must expect turbulence for a couple of years

At least.

Now on Sky TV

  • UK economy was running at 8 out of 10 for H1 2016
  • will expect to have a strong hand in negotiating trade deals
  • Brexit will challenge businesses all over EU not just UK
  • can't say yet whether UK will lose single market access if control of immigration regained

Hammond doing the rounds ahead of his key note speech at the Conservative Party conf later.

GBPUSD 1.2927 still trying to make its mind up this morning.

UK fin min Hammond - Turbulence ahead for sure