Brexit negotiations positive but differences still needs to be resolve: Hammond

Brexit negotiations have changed pace and have become more positive over the past week though there are still some big differences to resolve, British finance minister Philip Hammond said.

"What has happened over the last week, ten days is that there has been a measurable change in pace," Hammond told the BBC at an IMF meeting in Bali.

"But that shouldn't conceal the fact that we still have some big differences left to resolve. So the process is a lot more positive this week - substance still very challenging."