Home / Articles / Hammond calls for Brexit 'middle way' after fury

Hammond calls for Brexit 'middle way' after fury

Downing Street has insisted it still has “full confidence” in Philip Hammond, as the Chancellor doubled down on comments that sparked fury from Brexiteers.

Speaking in Davos, Mr Hammond brushed away criticism for saying the UK and EU economies would move apart “very modestly” after separating.

He said there were people on “both sides of the argument” who “do not support us in our intention to deliver the Brexit people voted for”.

Image: Theresa May could find she has a rebellion from the Brexit supporters in her party
He told Sky News from the World Economic Forum in Davos: “There are people that want us to stay in the EU customs union – we reject that argument.
“There are people that want us to sever our trade links with Europe and give up this market – we reject their arguments too.

“We’ve got to stick to the middle way, which is negotiating the maximum access we can get to European markets, compatible with the red lines that we’ve already set out.”
He added: “The smaller the changes that happen to our access to markets and the frictions at the borders, the better.

More from Brexit

“We want maximum access to the European market; we want minimum friction at our borders and I’m confident that we will be able to negotiate a bespoke agreement with the EU that delivers those things.”
Earlier, Prime Minister Theresa May’s spokesman insisted the whole Cabinet was “signed up to her Brexit strategy”.

Source: Sky

About Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups.

Check Also

Another 40 Poundworld stores to close

Forty more Poundworld stores are to close later this month, leading to the loss …

Free Franchise Guide
close slider

Free Franchise Guide

Interested in buying a franchise? The our FREE Franchise Guide is a must! The guide contains lots of information to help you decide if franchising is right for you.

Yes, I'd like to join the Franchise UK mailing list.