0501 GMT February 29, 2020
Unless Prime Minister Theresa May can get a Brexit deal approved by the British parliament, then she will have to decide whether to delay Brexit or thrust the world’s fifth largest economy into chaos by leaving without a deal on March 29, according to Reuters.com.
“There may be an opportunity to bring a vote back to the House of Commons - there may be an opportunity, but that will depend on the progress that is made in the next few days”, Hammond said.
Hammond said talks between May and European Commission President Jean-Claude Juncker on Wednesday had been good and constructive.
“They were good and constructive talks yesterday,” Hammond said, adding that the two sides were talking about giving some guarantees that the Irish border backstop could only be a “temporary arrangement”.
“That is a word that hasn’t been used before and I think that is significant,” he said. “Both sides have acknowledged that the political declaration could be expanded, for example, to address concerns that have been expressed in some parts of the House of Commons about workers rights.”