People want a 'sensible Brexit', says Philip Hammond

Chancellor welcomes business leaders' call for indefinite delay to leaving single market as Liam Fox appears to challenge his stance

Philip Hammond has welcomed an intervention by business leaders who called for an indefinite delay in Britain's departure from the European single market and customs union and said that people wanted to see a "sensible Brexit".

The chancellor insisted he was happy to see the CBI making its voice heard, but his stance was apparently challenged by the trade secretary, Liam Fox, who said it would not be possible to indulge a "perpetual transitional period".

Related: UK business leaders to call for indefinite delay in leaving single market

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