The world’s biggest economies will use all available measures to support global growth and better share the benefits of trade, policymakers have said after a G20 meeting dominated by the impact of Britain’s exit from Europe and fears of rising protectionism. Philip Hammond, Britain’s new chancellor, said the uncertainty about Brexit would begin to abate once Britain laid out a vision for a future relationship with Europe, which could become clearer later this year. Related: IMF calls for more government spending as rate cuts lose their impact“We are taking actions to foster confidence and support growth,” the communique said. But the group also conceded that “the benefits of growth need to be shared more broadly within and among countries to promote inclusiveness”. It added that members, however, were “well positioned to proactively address the potential economic and financial consequences”.

Source: The Guardian July 24, 2016 12:00 UTC