Finance minister Sajid Javid pledged to prepare Britain for a no-deal Brexit, saying the “full armoury of economic policy” would be on hand if needed.
Speaking at his party’s annual conference in Manchester a month before Britain is due to leave the EU, Javid said he had asked his department to prepare a comprehensive economic response, working with the Bank of England.
Prime Minister Boris Johnson has split parliament, his party and the electorate by promising to deliver Brexit on Oct. 31, with or without a transition agreement – potentially risking food, medicine and fuel shortages.
To get a deal, Johnson has just over two weeks before an Oct. 17-18 EU summit to prepare the ground but he must then also ratify any accord in the British parliament which thrice rejected predecessor Theresa May’s Withdrawal Agreement.