LONDON (Reuters) - British customs authorities will be able to cope even if the government is unable to reach a deal with the European Union to smooth Britain’s departure from the bloc, Chancellor Philip Hammond said on Tuesday.
“(Customs agency) HMRC is preparing for all eventualities, including for a no-deal scenario,” Hammond told the economic affairs committee of Britain’s upper legislative chamber.
“We recognise that the timescales are very challenging, and in a no-deal scenario, not everything we would want to put in place will be in place on day one. But we will have a working system in place on day one, I have that assurance from HMRC.”
Hammond said the government was seeking the smoothest possible customs arrangements as part of a negotiated exit from the EU, which is due to take place in March 2019.
Reporting by David Milliken and William Schomberg, editing by Estelle Shirbon