British finance minister to set out timing for next budget

British finance minister Philip Hammond will set out the timing for his next budget in "the usual way", a spokesman for Prime Minister Theresa May said on Tuesday after a newspaper reported that his fiscal statement would come early.

The Times reported that Hammond was preparing to unveil his budget as early as next month to avoid a clash with the final stages of Britain's talks to leave the European Union. The budget had previously been planned for late November, it said. (Reporting by Kylie MacLellan, writing by Elizabeth Piper)

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