British Finance Minister Philip Hammond has claimed that his country has the fiscal capacity to cope with the divorce from the European Union without any agreement.
Hammond also said that the doubts about the future had already hit the United Kingdom’s economy but believed the mood in Brussels was to reach a divorce deal with his country.
“The mood is undoubtedly that people want to do a deal with the UK. People want to minimize the disruption of the UK’s departure from the European Union, they want to continue having a relationship with us and smooth trading partnership in the future,” he said in an interview with BBC on Monday.
But he added, “Clearly there has been a hit to the economy through the uncertainty the Brexit process has caused. Many businesses are sitting on their hands frankly waiting to see what the outcome of this negotiation is before confirming their investment plans.”
“I believe when the prime minister lands…