Commenting on Philip Hammond’s appearance today before the House of Lords Economic Affairs Committee, Wes Streeting MP, leading supporter of Open Britain, said:
“The Chancellor has today blown apart one of the biggest delusions of the hard Brexiteers by admitting there is a real chance Brexit will create a worse trading environment between the UK and the EU.
“And he has made clear that leaving the Customs Union could cause significant disruption to our customs system, meaning chaos for our ports, exporters and businesses, if a good transitional deal is not agreed.
“Businesses and international investors are beginning to lose confidence in the Government’s attitude to Brexit. Jobs and growth are on the line. It is vital that the ideological Brexiteers in the Cabinet wake up to reality and put membership of the Single Market and Customs Union back on the table.”