Hammond and Carney Visit India to Promote Post-Brexit Vision

Chancellor of the Exchequer Philip Hammond and Bank of England Governor Mark Carney are headed to India “to bang the drum for British business,” and make the case that London will remain a main finance hub even after Brexit.

The trip to New Delhi and Mumbai comes on the heels of the U.K. formally triggering two years of exit talks from the European Union. Alongside the messiness of that divorce, the U.K. needs to pursue new business deals. India is a tantalizing prize given the size of its economy and appetite for better roads, bridges and power supplies.