Hammond’s Brexit ‘dividend’ claim rejected as UK economy stalls

Chancellor’s claim undermined as rapid slowdown in GDP growth is revealed

Philip Hammond’s claim that Britain can reap an economic dividend from Theresa May’s Brexit deal has been flatly rejected by MPs, as official figures confirmed the UK has suffered its worst year for GDP growth since 2012.

In a highly critical report, the Treasury select committee warned that the chancellor’s claims of a “deal dividend” if Britain avoided a no-deal exit lacked credibility.

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