October 25, 2017 / 8:59 AM / 2 months ago

UK finance minister Hammond says to focus on productivity

LONDON, Oct 25 (Reuters) - British finance minister Philip Hammond said he would continue to focus on boosting Britain’s economic productivity, after official figures showed the economy grew a faster-than-expected 0.4 percent in the three months to September.

“We have a successful and resilient economy which is supporting a record number of people in employment,” Hammond said in a statement.

“My focus now, and going into the budget, is on boosting productivity so that we can deliver higher-wage jobs and a better standard of living for people across the country,” he added. (Reporting by David Milliken, editing by Estelle Shirbon)

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