Hammond Envisages ‘Business as Usual’ Brexit Transition
- Chancellor says this period could last up to three years
- Hammond indicates European judges could have transition role
Former U.K. Minister Says U.K. Doesn't Do Protectionism
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Chancellor of the Exchequer Philip Hammond outlined the most detailed vision yet of his plan for Britain the day after Brexit, offering businesses the prospect of an extended transition period that would allow trade with Europe to continued undisrupted.
“We have to develop a plan that will deliver for the British people business as usual, life as normal,” he told BBC Radio 4, spelling out that there’s now consensus in the government that a smooth departure will take time.