In this file photo taken on March 07, 2018 Britain’s Chancellor of the Exchequer Philip Hammond arrives to deliver a keynote speech on Brexit at HSBC headquarters at Canary Wharf in London on March 7, 2018 with HSBC CEO John Flint. – HSBC on August 5, 2019, said its Group Chief Executive John Flint had stepped down as the bank said it faces an “increasingly complex and challenging global environment”.
“No-deal would be a betrayal of the 2016 referendum result. It must not happen,” he wrote in The Times newspaper.The British parliament three times rejected the withdrawal agreement May negotiated with Brussels, with many MPs troubled by the “backstop” — a mechanism that would keep the UK in EU customs arrangements to prevent a hard border on the island of Ireland.
It would also lead to a second secession referendum in Scotland and the likely break-up of the UK, Hammond claimed.
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