06-12-2018 19:05 via theguardian.com

Brexit: Hammond tells MPs UK cannot afford economic costs of no deal Brexit - Politics live

Rolling coverage of the day’s political developments as they happen, including day three of the Commons Brexit debateTheresa May’s Today interview - SummaryAfternoon summary 6.05pm GMT I have heard that we have nothing to fear from no deal—nothing, that is, except a cliff-edge Brexit in just four months’ time; the end of frictionless trade with our biggest export market; restrictions on our citizens travelling in Europe; and being the only developed economy in the world t
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