The UK’s Chancellor of the Exchequer, Philip Hammond, has been accused by critics of pouring cold water on the government’s Brexit strategy, after he suggested the UK economy was likely to take a significant hit if the UK was forced into a hard Brexit in the event of a no-deal scenario.
The comments by Hammond came just hours after a speech by Brexit Secretary Dominic Raab, in which Raab tried to reassure EU leaders, politicians and political analysts that the UK would be able to cope with a no-deal Brexit divorce from the EU.
Raab, who replaced former Brexit Secretary David Davis earlier this year, unveiled a series of measures the government was preparing in the event of a no-deal Brexit. The measures aim to deal with a hard Brexit’s potential impact on credit card payments, access to pensions and the availability of medicine.
Raab’s speech was interpreted by critics, however, as an admission that the government is failing to…