Britain's Chancellor of the Exchequer Philip Hammond warned contenders in t...
LONDON - Britain’s Chancellor of the Exchequer Philip Hammond warned contenders in the race to become prime minister that a no-deal Brexit could pull the United Kingdom apart and would deprive Britain’s next leader of the money needed to end austerity.
Hammond, who supported staying in the EU before the 2016 referendum, said pursuing a no-deal Brexit was fraught with risk and could lead to the opposition Labour Party, under left-wing leader Jeremy Corbyn, taking power. Furthermore, whoever succeeds Theresa May as prime minister will face a continued Brexit impasse in parliament that has led to speculation about an early national election.
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