A Brexit betrayal would hurt society, says Philip Hammond to MPs - The Guardian

A Brexit betrayal would hurt society, says Philip Hammond to MPs - The Guardian

A betrayal of the Brexit vote would have far-reaching consequences for Britain's social fabric, which would outweigh the economic costs of leaving the EU, Philip Hammond told MEPs.

The Chancellor said in a statement by a high-ranking member of the government that Brexit was a political calculation and not one that would benefit the economy, Theresa May's deal allowed the country to "move on" without much of Britain feeling to have been cheated.

Before next week's vote on the Prime Minister's resignation agreement with Commons Finance Committee members, the Chancellor said that the agreement's support will allow Britain "to accept that we have found a compromise solution in a more British fashion and have continued to do so ".

He added, "Any solution that the country has shared has betrayed a large part of the population, and I believe that this would have negative political and societal implications that far outweigh the very low economic impact [of May’s deal], "

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