UK's Hammond: PM May's deal is a sensible compromise

Haresh Menghani FXStreet

The UK finance minister Philip Hammond, during the parliament debate on Brexit deal, was noted saying that leaving the EU will have an economic cost and the UK PM Theresa May's deal is a sensible compromise that helps to minimize that cost.

Additional quotes:

• Leaving on WTO terms would be a very, very bad outcome.
• Says that idea of renegotiating Brexit deal is a delusion.
• Alternatives are no-deal or no Brexit at all.
• Says a no-deal Brexit would leave Britain 'fractured', divided.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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