September 17, 2018 / 9:14 AM / 3 months ago

UK must heed IMF's "clear warnings" on no-deal Brexit- Hammond

LONDON, Sept 17 (Reuters) - British finance minister Philip Hammond said on Monday that London had to listen to the “clear warnings” from the International Monetary Fund about the risks of a no-deal Brexit to Britain’s economy.

Hammond, speaking as the IMF said in a report that Britain faced a “significantly worse” economic outlook if it did not reach a Brexit deal, said he was confident an agreement would be reached in the autumn, but a no-deal outcome was not impossible.

Hammond has been criticised by some Brexit supporters who say he wants to maintain a relationship with Brussels that would keep Britain under too much influence from the EU. (Writing by William Schomberg; editing by Michael Holden)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below