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    UK Hammond repeats usual warning on no-deal Brexit

    UK Chancellor of the Exchequer Philip Hammond repeated his usual warnings today that in case of no-deal Brexit, “there will be very significant disruption in the short term and a very significant hit to our economy in the medium to long term.” And, he pledged that “our job is deliver the British people what they believe they were promised in that referendum. To make sure we respect the decision of the referendum but do it in a way that gives them the future prosperity they were promised.”

    Hammond refused to say if he would step down in no-deal Brexit. He just said “I’m not going to speculate because a lot depends on the circumstances, what happens. The responsibility I have is to manage the economy in what is in the best interests of the British people. Now I clearly do not believe that making a choice to leave without a deal would be a responsible thing to do.”

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