Philip Hammond urges business leaders to accept Brexit result

Photo of Philip Hammond urges business leaders to accept Brexit result
Facebook
VKontakte
share_fav

Speaking in Davos, chancellor says changes such as end to free movement are on the way

Philip Hammond has told business leaders they need to accept the result of Britain’s EU referendum and warned that a failure to implement it would damage the country’s political stability.

The chancellor told increasingly restless business leaders that he was working for a deal that safeguarded the economy, and said he understood their frustration but companies had to accept that changes were coming – such as an end to the free movement of people and business models built on a supply of cheap labour.

Continue reading...
view The Guardian: World News
#bank of england
#mark carney
#greg clark
#tuc
#frances ogrady
#european union
#economic policy
#philip hammond
#article 50
#politics
#theresa may
#business
#economics
#uk news
#brexit
#davos 2019