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Tag: philip


Brexit betrayal would damage society, Philip Hammond tells MPs

2018-12-05 17:25:13| Guardian Unlimited Business - more business news

Chancellor warns that harm to society would outweigh economic cost of leavingA betrayal of the Brexit vote would have far-reaching consequences for the social fabric of Britain that would outweigh the economic cost of leaving the EU, Philip Hammond has told MPs.In an admission from a senior government figure that Brexit is a political calculation rather than one that will benefit the economy, the chancellor said that Theresa Mays deal allowed the country to move on without large swathes of Britain feeling as though they had been betrayed. Continue reading...

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