Davos 2019: Hammond meets business leaders on Brexit – live

Rolling coverage of the third day of the World Economic Forum, where the UK chancellor told business leaders he is strongly opposed to a second referendumA quarter of the UK cabinet went to Davos: what are they doing there?Chancellor pulls out of Davos panel due to packed scheduleMark Carney says UK firms are not ready for a hard BrexitGreta Thunberg: If we don’t fight climate change, nothing else mattersDutch PM: Italy’s budget excess is creating a divide in EUSolution close in taxing world’s tech giants, OECD’s Gurria saysMatt Hancock launches five year plan on antimicrobial resistance 1.53pm GMT More from the CBI’s annual lunch in Davos, where the UK chancellor Philip Hammond said Britain was strongly supporting the OECD’s attempt to find an internationally-agreed way of taxing digital companies.Matt Brittin, head of European operations for Google said: We have called for international tax reform because although we pay our tax everywhere there are now countries that want to see tax paid locally rather than the majority paid in the US as current rules dictate.The UK’s push for international reform would help us and other international businesses to be seen to be paying our way. 1.44pm GMT Mario Draghi is holding a press conference following the ECB’s latest policy decision.He says the risks to eurozone growth are now to the downside, largely because of the rise in protectionist policies and financial market volatility.Watch the ECB press conference live: President Mario Draghi explains today’s monetary policy decisions https://t.co/n3bYCDapGd Continue reading…
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