Philip Hammond’s £80bn no-deal warning exposes Tory Brexit rift

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Philip Hammond’s £80bn no-deal warning exposes Tory Brexit rift

Leavers react as chancellor points to risks after Dominic Raab struck positive note

Tory divisions over Brexit were exposed afresh on Thursday, as Philip Hammond warned that leaving the EU without a deal would blow an £80bn hole in the public finances, just hours after Dominic Raab sought to play down the risks.

In the morning, the new Brexit secretary struck a determinedly optimistic note, as he launched 24 “technical notices”, advising businesses and consumers how to protect themselves against the risk of Britain exiting the EU in March next year without a deal – and dismissing warnings of a sandwich shortage.

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