Hammond 'terrified' by Rees-Mogg claim of no-deal Brexit boost
Chancellor rubbishes claim by Boris Johnson ally that no-deal exit could boost economy by 80bn
Philip Hammond, the chancellor, has said it is "terrifying" that one of Boris Johnson's close allies, Jacob Rees-Mogg, believes a no-deal Brexit will boost the economy.
The chancellor, who is expected to exit the government next week, expressed his horror after Rees-Mogg used a Daily Telegraph opinion piece to dismiss the "pure silliness" of Treasury forecasts suggesting a 90bn hit to the economy.
Prorogation is the official term that marks the end of a parliamentary session. After being advised to do so by the prime minister, the Queen formally prorogues Parliament. This takes the form of an announcement in the House of Lords on the Queen's behalf. It is a speech, written by the government, which usually describes the bills which have been passed during that session, and summarises what has been achieved.
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