Philip Hammond warns no-deal Brexit risks future of UK

cde.news desk 30 May 2019, 16:46 · 1 min read

epa07433491 Britain's Chancellor of the Exchequer Phillip Hammond leaves his official residence at 11 Downing Street to deliver his Spring Statement at Parliament in London, Britain, 13 March 2019. MPs will vote later in the parliament on whether to block the UK from leaving the EU without a deal on 29 March, after again rejecting the PM's withdrawal agreement on 12 March. The United Kingdom is officially due to leave the European Union on 29 March 2019, two years after triggering Article 50 in consequence to a referendum. EPA-EFE/NEIL HALL

Britain’s finance minister Philip Hammond has warned candidates hoping to replace Prime Minister Theresa May that a no-deal Brexit would undermine the country’s economy and threaten the unity of the United Kingdom.

Hammond insisted that it is of utmost importance that the spectre of a no-deal exit is taken off the table.

He added that “I’m not sure that people necessarily have understood what a risk we would be taking, not only with our economy but also with the future of our precious United Kingdom if we left with no deal.”

Boris Johnson, the bookmakers’ favourite to get May’s job, has said the United Kingdom should leave the EU on Oct. 31 with or without a deal.

Eleven Conservative lawmakers have declared they are running for May’s job.

Via Reuters

Filed under Brexit UK

Topics BREXIT Philip Hammond UK

Philip Hammond warns no-deal Brexit risks future of UK

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