UK Treasury chief vows to quit if Boris Johnson becomes PM

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UK Treasury chief vows to quit if Boris Johnson becomes PM
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British Treasury chief Philip Hammond said Sunday that he will quit if — as widely expected — Boris Johnson becomes prime minister this week on a promise to leave the European Union with or without a divorce deal.

Hammond said Johnson's vow to press for a no-deal Brexit if he can't secure a new agreement with the EU is"not something that I could ever sign up to."

Hammond told the BBC that if Johnson wins,"I'm not going to be sacked because I'm going to resign before we get to that point." Britain is due to leave the EU on Oct. 31 but Parliament has repeatedly rejected the divorce deal struck between May and the bloc. Both Johnson and his rival Jeremy Hunt, the current foreign secretary, say they will leave the EU without an agreement if the EU won't renegotiate.

But Johnson, who helped lead the"leave" campaign in Britain's 2016 EU membership referendum, says a no-deal Brexit will be"vanishingly inexpensive" if the country prepares properly.Irish Deputy Prime Minister Simon Coveney said Sunday that the bloc is"simply not going to move away from the Withdrawal Agreement."

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