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UK's Hammond: No-deal Brexit would harm its people

Dhwani Mehta FXStreet

The UK Finance Minister Philip Hammond spoke at an annual reception hosted by European planemaker Airbus late-Wednesday, with the key quotes found below (courtesy Reuters).

“I firmly believe that my job is to look after the welfare and interests of the British people and I conclude that it would not be in their interests to leave without a deal.”

Asked how in that situation the government would prevent a ‘no-deal’ Brexit, Hammond told Reuters: “We are very determined that we need a deal. We need a deal that allows us to continue to co-operate and to have a smooth and orderly exit and we’ll make sure that we do.”

The government’s job was to ensure “that it will be business logic that keeps you here in the years ahead.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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UK's Hammond: No-deal Brexit would harm its people

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