Chancellor signals UK plans to kowtow to Brussels over Brexit transition | WHAT REALLY HAPPENED


Chancellor signals UK plans to kowtow to Brussels over Brexit transition

In what eurosceptics are likely to see as a capitulation to EU, the Chancellor signalled the UK would not haggle over the transition deal, which he said will “effectively replicate the current status quo”.

EU leaders have insisted the UK must agree on its relationship with the bloc during the 2019 to 2021 adjustment period before discussions on trade can begin.

Mr Hammond’s comments come just hours after prominent Brexiteer Jacob Rees-Mogg warned the UK would be “very unwise” to agree to transition terms proposed by Brussels, which he said would see Britain become “a colony of the EU” for at least two years.

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