Philip Hammond MP, Chancellor of the Exchequer appears on BBC TV’s The Andrew Marr Show in London, Britain, May 26, 2019. Jeff Overs/BBC/Handout via REUTERS
May 30, 2019
LONDON (Reuters) – 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 specter 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.”
(Reporting by Kate Holton and Guy Faulconbridge)
