- Analytics
- News and Tools
- Market News
- There’s only a ‘very small’ chance of a no-deal Brexit - UK Hammond
There’s only a ‘very small’ chance of a no-deal Brexit - UK Hammond
The probability of the U.K. leaving the European Union without a deal is “very small,” according to Philip Hammond, Britain’s chancellor of the exchequer.
Analysts and investors have raised the probability of a no-deal Brexit since Prime Minister Theresa May announced last month that she would step down. May officially resigned as leader of the Conservative Party on Friday, but remains prime minister until her party elects a new chief.
“Very small — that’s the key message,” Hammond said when asked about the likelihood of a no-deal Brexit happening.
“The key thing to remember is that Britain is a parliamentary democracy, and there is a clear majority in Parliament against a no-deal exit. Parliament will ensure, in my view, that that does not happen,” he said.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
