Brexit: Policies to aid Britain unveiled as it quits EU

Britain’s chancellor of the exchequer Philip Hammond has unveiled a set of policies designed to shore up Britain’s economy during a period of “turbulence” as a result of Brexit.

Speaking to the Conservative conference in Birmingham, Mr Hammond offered a new guarantee to continue payments of any multi-year EU grants secured by British businesses and organisations before withdrawal — probably March 2019.

He also announced £220m (€252m) of funding for the tech sector to support efforts to transform biomedical and computer innovations into marketable products.