Hammond: Brexit Deal Could Deliver £26.6bn Dividend

Philip Hammond said on Wednesday he would release £26.6 billion in spending should MPs eventually vote through a deal for an orderly Brexit in the coming three weeks

David Brenchley 13 March, 2019 | 2:59PM

Philip Hammond, Spring Statement 2019, Brexit, Chancellor of the Exchequer, UK Government, UK economy, economic growth

Chancellor Philip Hammond used Wednesday’s Spring Statement to urge MPs to take a no-deal Brexit off the table and back a deal to take the UK out of the European Union in an orderly fashion to clear the uncertainty engulfing the UK’s economy.

Parliament voted against Theresa May’s current deal once again on Tuesday night, meaning they’ll ballot again this evening on whether to pursue a no-deal Brexit. Should this be rejected, another vote on Thursday will follow on whether to request an extension to Article 50.

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About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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