Market Access: Britain and Brexit Blueprint

market access: Treasury chief Philip Hammond told the German newspaper Welt am Sonntag that Britain is prepared to do whatever we have to do, including turning away from Europe to other markets, to protect its economy, according to Brandon Sun. If Great Britain left the European Union without an agreement on market access, then we could at least in the short term suffer economic damage, Hammond was quoted as saying. Under pressure to reveal her Brexit blueprint, British Prime Minister Theresa May's office said she will call for a truly global Britain that is more open to the world when she sets out plans for negotiations with the EU in a speech later this week. In this case, we could be forced to change our economic model. The comments come amid a standoff over migration into Britain. Hammond also suggested that Britain could cut taxes to encourage companies to move to the U.K. Labour leader Jeremy Corbyn, meanwhile, suggested that May was prepared to trigger a full-scale trade war to get her way. (www.immigrantscanada.com). As reported in the news.