Philip hammond
Hammond to quit over no-deal Brexit if Johnson become PM
Philip Hammond said his fears over a no-deal Brexit forced him to vote against the government for the first time in his 22-year political career last week.
When asked about possible options for Brexit, Hammond said he was not sure there was a majority in parliament for a second referendum but that it was a coherent proposition.
Chancellor Philip Hammond said that faster growth, rather than running a budget surplus, would be an easier way to reduce Britain’s debt burden as a share of economic output.
Britain’s economy has slowed since the 2016 Brexit vote, but not as much as many economists had feared.
The business community has expressed frustration over the government’s lack of clarity during the Brexit process and what some see as a decision to put ideology before the economy.
The rights of EU citizens in Britain is one of three issues the bloc wants to settle before it begins discussing the future relationship between Britain and the EU.
The media have reported the main opposition Labour Party is planning to propose several changes to the repeal bill.
The economy is on course to grow by 2.0% in 2017, up from a forecast of 1.4% made in November, according to official forecasts.
Britain beat Argentina 2-0 on Saturday, in an Olympic women's hockey test event.