U.K. Treasury Chief: Economic Model Could Change in Absence of EU Trade Deal - News Summed Up

U.K. Treasury Chief: Economic Model Could Change in Absence of EU Trade Deal


LONDON—The U.K. could change its economic model if it isn’t granted access to trade in the European Union after it leaves the bloc, U.K. Treasury Chief Philip Hammond indicated in an interview with a German newspaper on Sunday. Asked whether the U.K. was seeking to become a tax haven with low levels of corporate tax, Mr. Hammond told Die Welt that the U.K. would like “to remain a recognizably European-style economy,” but it would be...


Source: Wall Street Journal January 15, 2017 14:47 UTC



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