Monday 17 September 2018 / 4:26 PM Brexit / John McDonnell

Hammond must show leadership against a “no deal” Brexit

John McDonnell MP, Labour’s Shadow Chancellor, responding to a warning from the International Monetary Fund that a “no-deal” Brexit on World Trade Organization terms would harm the UK economy, said:

“Today the IMF has underlined the warnings that we’ve already heard from trade unions and business organisations about the damage that a cliff edge Brexit would do to our economy.

“Once again I call on the Chancellor to show some leadership and make it clear to his colleagues that he will not accept a no deal Brexit and the damage it risks doing to jobs, wages and living standards in this country”.