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British finance minister says: Kill the spectre of a no-deal Brexit

British finance minister says: Kill the spectre of a no-deal Brexit
Britain’s Chancellor of the Exchequer Philip Hammond leaves from 11 Downing Street in London on May 22, 2019, ahead of the weekly Prime Minister’s Questions (PMQs) question and answer session in the House of Commons. (AFP/Tolga Akmen)
Updated 30 May 2019

British finance minister says: Kill the spectre of a no-deal Brexit

British finance minister says: Kill the spectre of a no-deal Brexit
  • “We need to get the spectre of a no-deal exit off the table,” Philip Hammond told the BBC
  • “Leaving with no deal would be a very bad outcome for the economy,” he said

LONDON: Britain’s finance minister on Thursday warned those in his party vying for Prime Minister Theresa May’s job that a no-deal Brexit would undermine the economy and threaten the United Kingdom’s cohesion.
“We need to get the spectre of a no-deal exit off the table,” Philip Hammond told the BBC. “Leaving with no deal would be a very bad outcome for the economy.”
“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,” he said. “My personal view is it will not be fine, it will not be ok.”