Further budget cuts likely if UK crashes out of EU, warns Hammond

Warning comes as document entitled Operation Yellowhammer reveals contingency planning for no-deal Brexit

Philip Hammond has warned that the government would have to refocus its priorities if the Brexit negotiations resulted in no deal, as details emerged of a Whitehall contingency plan codenamed Operation Yellowhammer.

After Treasury minister John Glen was photographed in Downing Street with a briefing document about planning for no deal, Hammond hinted other areas of public spending would have to take a hit if the UK crashed out next March without an agreement in place.

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from The Guardian https://ift.tt/2QfxFoS

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