Philip Hammond: No-deal means no cash for leadership rivals
Jul 04, 2019, 00:32
The Conservative MP, who is fighting Boris Johnson in the race to Britain's next prime minister, said he would also use an emergency budget to cut corporation tax.
Both candidates to replace Theresa May as prime minister have said they would oversee a no-deal Brexit if forced to.
Hammond said in March that he had almost 27 billion pounds ($34 billion) in fiscal headroom - equivalent to the difference between the target he has set himself for the budget deficit and the shortfall projected by Britain's budget forecaster.
He said he would decide by September 30 whether to continue with Brexit talks with Brussels or concentrate on a no-deal withdrawal from the EU. "If we can borrow money at low interest rates, so that we can give the country and the British more prosperity in the long run, then we have to do that".
Mr Hammond's warning came as Mr Hunt announced a £6 billion war chest to handle a no-deal Brexit.
Hunt had previously warned of the dangers a no-deal Brexit would bring, but in a BBC interview he said it could become a policy goal if his plan to renegotiate a departure deal with the European Union - dismissed by Brussels as unrealistic - proved impossible.
Pressed on whether he would be willing to tell businesses across the United Kingdom that they will face a genuine risk of going bust because of a no-deal Brexit, Mr Hunt said: "I would do so but I'd do it with a heavy heart, precisely because of the risks".
"I will mitigate the impact of no deal Brexit on you and step in to help smooth those short-term difficulties".
Yet, Hunt has stepped up his attempts in recent days to appeal to that constituency by employing more uncompromising rhetoric, saying during an interview over the weekend that, "at the beginning of October, if there is no prospect of a deal that can get through parliament, then I will leave at the end of October because that is our democratic promise to the British people".
More than three years since it voted to leave the EU, Britain is mired in uncertainty over whether it will leave with a deal or not, or even if Brexit will happen at all.
Meanwhile, Mr Johnson, who visited a garden centre in Kent on the campaign trail and who is due to hold a "telephone town hall" event this evening, has signalled that he would be prepared to increase borrowing to fund infrastructure projects.
The Storm Prediction Center has placed a bulls-eye around southern New England in the "slight" risk of severe weather. SUNDAY: Clouds & sun, less humid, chance for a scattered shower/storm, not as warm.
The last time the Yankees went without a home run was May 25 in the second game of a doubleheader against the Kansas City Royals. Anderson planted his right foot awkwardly on the wet dirt behind second base after fielding a grounder and throwing to first.
Lionel Messi's penalty salvaged a 1-1 draw for Argentina against Paraguay to keep their dwindling Copa America hopes alive. Messi has now scored 68 goals and assisted a further 43 strikes in 132 matches for Argentina .
Another post was an illustration of freshman Representative Alexandria Ocasio-Cortez being sexually assaulted by President Trump. They put them in a room with no running water and these women were being told by CBP officers to drink out of the toilet".
A statement from Corcoran's sister, "Shark Tank" star Barbara Corcoran , said that he died at the end of April in his hotel room. Leyla Cox , a 53-year-old woman from ny , arrived in the Dominican Republic earlier this month to celebrate her birthday.
But he will push for more cash to land No1 attacking target Zaha, 26, seen as central to his summer rebuild. Celtic have rejected a £15m bid from Arsenal for defender Kieran Tierney, Sky Sports News understands.
Alabama held a special election in late 2017 after Trump tapped then-senator Jeff Sessions to be United States attorney general. Of the possibility of Moore securing the GOP nomination, he added: "I don't think it's good for the party nationally".
Trump described the offer of meeting Kim as a "feeler" and said he came up with the plan "this morning" (Saturday). Mr Trump is scheduled to visit South Korea later on Saturday after meetings at the G20 in Osaka, Japan .
Chapman, 51, starred with her husband on the A&E reality show " Dog the Bounty Hunter ", which ran from 2004 to 2012. The cancer returned a year ago and doctors removed a tumor from her throat after an emergency surgery in November.
Trump still wants tanks displayed at July 4th celebration
Two M1A1 Abrams tanks and other military vehicles sit on guarded rail cars at a rail yard on July 2, 2019 in Washington, DC. Trump already ordered a flyover by military jets - as well as one of the jetliners used as Air Force One - for the event.
Meghan in surprise visit to baseball game
While the Yankees gifted a tiny baseball jersey to the family, which featured Archie's name on the back, alongside the number 19. During their appearance, Harry and Meghan met Bianca Rainbow-Jones and her baby daughter.
Can beat anybody: Pakistan after win against South Africa
Defeat to India Still Haunts Sarfaraz Ahmed! "The guys were incredibly hurt, by media, by public, by social media". So when we put three disciplines together, we'll be exceptional. "We're trying to get that consistency better".
MAN Countdown Leads to JJ ABRAMS (& Son)-Written Series
Make sure you avoid the hell out of spoilers! Uproxx's Mike Ryan wrote, "Absolutely loved SPIDER-MAN: FAR FROM HOME ". Spider-Man #1 will be available in comic shops in September and can be preordered from the July Marvel PREVIEWS.
4m Trump launches 2020 re-election campaign
Biden, though, has faced criticism among Democratic rivals for his embrace of high-rolling donors and top-dollar fundraisers. His new campaign slogan - "Keep America Great" - was greeted with boisterous cheers.
New Zealand vs South Africa
He was rewarded in just the second over when Trent Boult demolished Quinton de Kock's stumps, sending him back for just five. The Edgbaston in Birmingham was a witness to a closely-fought encounter between New Zealand and South Africa .
US Firms Feel Squeeze of Trump's China Policy
In addition to trade, Xi and Trump are expected to discuss US-led efforts to persuade North Korea to give up its nuclear arsenal. It requires importing constituent parts from China that are not anymore manufactured in the United States.
YouTuber buys MI town and calls it Gay Hell to protest Trump
Daniel then clarified his flag rule is intended as a joke and there will not be a ban on other flags, Daniel told NBC News. The YouTuber told CNN that the move was a way of "getting my audience involved in politics by doing it in a amusing way".