Tuesday, 28 August 2018

Theresa May insists a no-deal Brexit won't be 'the end of the world'


LONDON – Theresa May has distanced herself from warnings by her cabinet colleagues of the dangers of a no-deal Brexit by insisting that leaving the EU without a deal "wouldn’t be the end of the world."

The Chancellor Philip Hammond warned on Thursday that the Treasury could be forced to borrow £80bn extra over 15 years as a result of Britain leaving without a deal.

However, May distanced herself from Hammond echoing recent comments by the Director General of the World Trade Organisation Roberto Azevêdo’s, who said that a  fard Brexit "is not going to be the end of the world in the sense that trade is going to stop and that everything is going to fall down. No...  But it’s not going to be a walk in the park either.”





By Ben Gertrude.
Full story at Yahoo News.

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