Hammond says referendum mandate not a blank cheque to harm the economy

The Chancellor says: “We’ve got to be clear about one thing – there’s an implicit term of the mandate we received from the British people. It may not have been stated explicitly but it’s implicit. And that is that they do not want to see the economy suffer.

“They do not want to see jobs lost, they do not want to see standards of living decline. So they will expect us to negotiate a solution which delivers the key elements of leaving the European Union, regaining our sovereignty, getting control over our borders – but they will expect us to do all of that in a way that allows the UK economy to go on growing.”

“We should be looking for a good Brexit – not a hard Brexit or a soft Brexit.”

Source: Telegraph

Date: 30 September 2016

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