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UK has fiscal capacity to cope with no-deal Brexit, Hammond says

Reuters  |  BIRMINGHAM, England 

BIRMINGHAM, England (Reuters) - The United Kingdom has the fiscal capacity to cope with leaving the European Union without having first secured a deal, British finance minister Philip Hammond said on Monday.When asked about health spending, Hammond said that voters would have to accept that if they wanted an expanding health service they would have to pay a little more tax. (Writing by Guy Faulconbridge; editing by Michael Holden)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, October 01 2018. 12:36 IST