Small July surplus could limit Hammond's fiscal reset for UK

By William Schomberg and Andy Bruce LONDON (Reuters) - Britain's public finances showed a smaller-than-expected budget surplus in the first month after the vote to leave the European Union, potentially limiting the ability of new Chancellor Philip Hammond to give the economy a big boost later this year. Britain ran a budget surplus - excluding state-owned banks - of nearly 1 billion pounds last month, lower than the almost 1.2 billion pounds in the same month last year, leaving it off track to m