Brexit: Philip Hammond admits UK's planned withdrawal already hitting economic investment
Brexit: Philip Hammond admits UK's planned withdrawal already hitting economic investment | The Independent
Brexit: Philip Hammond admits UK's planned withdrawal already hitting economic investment | The Independent
Businesses are already pulling investment because of Brexit, the Chancellor has admitted - as he again urged Theresa May to agree a “transitional arrangement”.
Philip Hammond said a temporary deal with the EU was badly needed to get “businesses investing again”, appearing to acknowledge that companies are currently putting their plans on hold.
“The thing that is causing concern in the business community is the risk of a cliff edge,” Mr Hammond said.
Philip Hammond said a temporary deal with the EU was badly needed to get “businesses investing again”, appearing to acknowledge that companies are currently putting their plans on hold.
“The thing that is causing concern in the business community is the risk of a cliff edge,” Mr Hammond said.
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