The cost of a no-deal Brexit? No one ‘really knows’, says UK Chancellor
LONDON: Britain´s finance minister on Monday said he did not think "anyone really knows" what a no-deal Brexit would cost the economy. Sajid Javid spoke to BBC radio before his keynote speech at the governing Conservative Party´s annual conference...
The Desi Times Editorial Desk
LONDON: Britain´s finance minister on Monday said he did not think “anyone really knows” what a no-deal Brexit would cost the economy.
Sajid Javid spoke to BBC radio before his keynote speech at the governing Conservative Party´s annual conference in Manchester.
Chancellor of the Exchequer Javid said he was not sure how much a no-deal Brexit would cost, telling the BBC: “I don´t think anyone really knows a full proper answer to that question.”
Prime Minister Boris Johnson insists that Britain will leave the European Union at the end of October with or without a deal.
Javid declared Monday that a no-deal Brexit “is not our preferred outcome”.
He added: “We are working incredibly hard to get a deal by October 31. I absolutely believe that can still happen. It can still be done.
“But if we do not manage to do that, we do still need to leave the EU on that date. We cannot have any more dither and delay — and we will leave, if we have to, without a deal on October 31.”
Javid will later confirm plans for extra government investment in roads, buses and broadband internet.
“The full benefits of our infrastructure revolution may not be felt for some time. But the work must start here and now,” he will tell delegates, according to an advance copy of his speech.
Related Coverage
Why the Democratic Party's Approach to Immigration is the Right One
As a South Asian, I understand the frustration many of us feel when it comes to immigration. My family, like so many others, worked hard to come here legally. We navigated a complex system, waited years, and sacrificed a lot to make this country o...
What Has the Biden/ Harris Administration Achieved?
Very often, while engaging in a discussion with friends and family, the question comes up: But what has this administration actually done? How am I benefiting from this? I thought I’d share some data points Disclaimer: This is by no means an exha...
Let’s Talk About Immigration
Republican talking points about immigration often focus on issues like a porous southern border, immigrant crime, and Kamala Harris’s role in border policy. However, these claims don't hold up against the facts. The number of migrants crossing the...