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09 April 2019

The Telegraph: Philip Hammond suggests MPs could revoke Article 50 to prevent no deal sinking the value of pound


Philip Hammond raised the prospect that MPs will revoke Article 50 this week rather than allow Britain to leave without a deal if Brexit talks collapse.

The Chancellor warned on Tuesday that the value of the pound could fall significantly if Theresa May fails to reach agreement on a Brexit delay with Brussels.

He suggested that the impact of uncertainty on the markets could encourage MPs to vote to reverse Brexit by revoking Article 50.

David Lidington, the Minister for the Cabinet Office, is said to have warned that the Government would no longer be in control and that Parliament and the Speaker would determine how to proceed. [...]

Full article on The Telegraph (subscription requried)



© The Telegraph

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