Britain's Chancellor of the Exchequer Philip Hammond
British finance minister Philip Hammond said on Monday that London had to listen to the "clear warnings" from the International Monetary Fund about the risks of a no-deal Brexit to Britain's economy.
Hammond, speaking as the IMF said in a report that Britain faced a "significantly worse" economic outlook if it did not reach a Brexit deal, said he was confident an agreement would be reached in the autumn, but a no-deal outcome was not impossible.
Hammond has been criticised by some Brexit supporters who say he wants to maintain a relationship with Brussels that would keep Britain under too much influence from the EU.
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