Hammond: No Cash For No Deal “Until the Very Last Moment”

Only a few bombs dropped by Hammond at the Treasury select committee this morning. The Chancellor said he wouldn’t spend cash on preparing for no deal “until the very last moment”, which is winding up Brexiters no end.

“I don’t believe we should be in the business of making potentially nugatory expenditure until the very last moment when we need to do so.”

He raised the issue of air traffic unprompted, saying it was unlikely flights would be grounded in the event of no deal but admitting it is “theoretically possible”, which he knows will grab headlines. And he said the lack of progress during the negotiation was causing a “cloud of uncertainty” over the economy. Carefully and cleverly worded by Hammond to both slap down Brexiters and get anti-no deal headlines in Remain papers…


Euro News



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Quote of the Day

Nadine Dorries on Brexiteer fears

“I can feel a growing consensus among a number of MPs — faced with these Europhile kamakaze MPs, who really don’t care about their careers going up in flames, who want to overturn parliamentary tradition in order to stop Brexit — I think many people are now realizing that we would support this deal to get it over the line. Because every day here is a dangerous day at the moment. We may have to see that this is a deal, we will have to swallow our pride, swallow what we would prefer, and vote for it.”

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