UK Chancellor Philip Hammond works against May to slow Brexit

UK Chancellor Philip Hammond is trying to put a halt to the British Prime Minister Theresa May’s plan for the country to leave the European Union as quickly as possible.

Despite her wishes, Hammond is resisting attempts to speed up Brexit, arguing he wants to ensure that the UK’s financial services sector is protected in advance of quitting the EU.

Since being appointed prime minister, and despite being a Remain supporter, May (pictured below) has repeatedly stated that “Brexit means Brexit” and has ordered a cabinet meeting to work on an exit strategy over the summer.

 

The British Daily Express reported that Hammond was making a fuss with an anonymous senior Conservative saying, “there’s a tussle going on here. The chief culprit is the chancellor.”

“He has taken the position that there are no red lines, that you’ve got to stay part of the market and it doesn’t matter what you give way on. Hammond is operating as a blocking…

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