UK economy grew by 0.6 per cent in final quarter of 2016

UK economy grew by 0.6 per cent in final quarter of 2016; Philip Hammond MP (Chancellor of the Exchequer) interview SOT - The economy is very resiliant, and I'm very pleased about that, and that is due to the actions that have been taken since the Brexit vote in June to support the economy with monetary stimulus provided by the Bank of England, and then a modest fiscal stimulus and a reconfirmation of our plans to bring the public finances back into balance. - Well I'm prepared to admit that the response that we've delivered to the referendum result has been successful, you know, predictions that were made before the referendum usually, in most cases assumed no government intervention, no action in response. What we had was a significant response by the Bank of England early on, and further response by the government at Autumn Statement

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Credit: ITN
Clip #: 641998602HD
Collection: ITN
Date created: 26 January, 2017
Licence type: Rights-ready
Release info: Not released. More information
Clip length: 00:01:05:15
Location: United Kingdom
Mastered to: QuickTime 8-bit H.264 HD 1920x1080 25i More information
Originally shot on: 1080 25i
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Source: ITN
Object name: t26011723_4097.mov

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