“Britain is leaving the political institutions of the EU; but it is not leaving Europe, and British prosperity is, and always will be, closely bound to European prosperity,” – said Chancellor of the Exchequer Philip Hammond, addressing the European Business Summit in Brussels (24/05/2018) – “So Europe’s success – and the success of the Euro as a currency – is very strongly in Britain’s interest, and we will not do anything which jeopardises that success”.
“Our economy is recognisably a European-style economy with high levels of consumer and worker protection, a highly developed social welfare system and strong environmental standard, and it is the clear wish of the British people, regularly demonstrated, to keep it that way as we build a new deep and special partnership with the European Union” – Hammond continued.
“We have made significant progress since Article 50 was triggered, just over a year ago both in our own internal debate about what Brexit should mean, and in our negotiation with the EU”.
“I know that for business getting clarity on our future customs relationship is a top priority, and so it should be a top priority for European governments too” – Hammond underlined.
European Business Summit is an organization creating and supporting networking and debating events in Brussels, including the annual European Business Summit #EBS2018, with a principal goal to bring business and politics together and stimulate debate on the most challenging European issues of the moment. The latest event took place in d’Egmont Palace, Brussels on 23-24 May 2018.