, 8 tweets, 2 min read
Chancellor to #CPC19: No Deal prep my top priority ... not without significant challenges... our step change in prep has made a deal more likely, and no deal more manageable
Chancellor says Bank of England has already revised down economic impact of No Deal because of preps... (now a hit of 5.5% rather than 8%)
Failing to deliver Brexit “will tear at the fabric of British democracy” ... “one vote, one mandate, one nation” - number one concern of business in not EU withdrawal but Labour, says Chancellor:
“Brexit Red tape challenge” announced by Chancellor to identify EU regulations to get rid of...
This does look rather like a lot more red tape for, eg food/dairy exporters -
Chancellor says Govt will take advantage of incredibly low interest rates for infrastructure ... and will have a bias in favour anything that brings the UK together...
Chancellor - UK “will end low pay altogether” - National Living Wage up to £10.50 for 4 million. Age threshold down to 21.
... Labour said it would get to £10 for all including under 18s by next year.
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