Philip Hammond
Britain’s finance minister pledged Sunday that “fiscal buffers” would be in place to deal with the potential chaos of the country crashing out of the European Union without a deal in March.
Philip Hammond was speaking ahead of his speech in parliament Monday in which he is to lay out Britain’s last budget before Europe’s second largest economy breaks up with the other 27 nations in the bloc.
The chancellor of the exchequer voiced optimism that the two sides could still reach an agreement despite the current impasse in negotiations.
But he told the BBC that he “can’t give an absolute guarantee because there have to be two parties — it takes two to tango”.
And he stressed that he was keeping financial firepower in reserve in case Britain crashes out…
Read More…..Guardian Newspapers
