Lew to return to London to meet new British finance minister

[BERLIN] US Treasury Secretary Jacob Lew said he would travel to Britain for the second time in a week Thursday to met new finance minister Philip Hammond.

"I will be going from here to London and meeting with the new chancellor (of the exchequer) this afternoon," he told reporters in Berlin after talks with German Finance Minister Wolfgang Schaeuble.

"This is obviously a time of change. I look forward to having a discussion."

Mr Lew had already visited London Tuesday for talks on last month's seismic Brexit referendum.

Britain's new Prime Minister Theresa May on Wednesday appointed Hammond to replace George Osborne as chancellor of the exchequer.

Mr Osborne was the architect of the past six years of British austerity and a close friend of former prime minister David Cameron, while both had campaigned for Britain to remain in the EU.

AFP