October 25, 2017 / 9:05 AM / a year ago

Hammond says to focus on productivity

Britain's Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street in London, October 23, 2017. REUTERS/Mary Turner

LONDON (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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