Capitalism Is the Only Way, UK Finance Minister Says in Challenge to Labour 1 234 567

Capitalism Is the Only Way, UK Finance Minister Says in Challenge to Labour

voanews.com

British finance minister Philip Hammond defended capitalism as the only route to prosperity on Monday, in an attempt to counter the opposition Labour Party's increasingly popular vision for a more centrally-controlled economy.

In a speech to the ruling Conservative Party that contained only two new policy announcements, Hammond also said that the government's immediate task was to deal with the uncertainty for citizens and businesses resulting from Brexit.

Prime Minister...

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