Economics

Britain’s Brexit Confusion Abounds as IMF Huddles in Washington

  • IMF meeting delegates puzzle over U.K. post-Brexit direction
  • Chancellor stresses that Britain still open for business

Harrison: Pound on 'Downward Path' on Way to Hard Brexit

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Few onlookers at the International Monetary Fund meetings in Washington this week have any idea where the U.K.’s post-Brexit economy is heading.

Even with the tone set to reassurance by U.K. Chancellor Philip Hammond’s comments in an interview Thursday that “the government is a pro-business government,” international policy-makers, investors and economists expressed confusion in the U.S. capital about what Britain’s strategy is.