Hammond Says Brexit Deal ‘Blindingly Obviously’ in EU’s Interest
- Chancellor denies U.K. facing higher risk of no-deal Brexit
- Talks with the EU are stuck on process, not at an impasse
May Heads to Brussels to Intervene in Brexit Deadlock
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U.K. Chancellor of the Exchequer Philip Hammond denied that Britain is facing a growing risk of crashing out of the European Union without a new trade deal.
“Personally I don’t think so,” he said in an interview with CNBC television in New York on Monday. “I think that you have to look through the rhetoric, you have to look through the process at what the real interests of the parties are, and it is so blindingly obviously in the best interests of both the U.K. and the European Union 27 that we do reach a deal.”