Britain's new finance minister Philip Hammond
Britain's new finance minister Philip Hammond will, this week, face calls from anxious peers to explain how his country can pull off a smooth exit from the European Union and minimize the damage to the fragile global economy.
A month after the Brexit shock hammered markets and added to the prospect of more stimulus from major central banks, Hammond will attend a July 23-24 meeting of finance chiefs from the Group of 20 leading economies in China.
There, the former foreign minister is likely to come under pressure to provide clarity on Britain's strategy for leaving the EU and negotiating a new trade deal.
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