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UK Treasury chief vows to quit if Boris Johnson becomes PM

UK Treasury chief vows to quit if Boris Johnson becomes PM | iNFOnews.ca
FILE - In this Wednesday, Jan 9, 2019 file photo, Britain's Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street for the House of Commons to attend Prime Minister's question time, in London. Hammond says he will quit if, as widely expected Boris Johnson becomes prime minister. Hammond said Sunday, July 21, 2109 that Johnson’s vow to take the U.K. out of the European Union on Oct. 31, with or without a divorce deal is “not something that I could ever sign up to.” (AP Photo/Alastair Grant, File)

LONDON – British Treasury chief Philip Hammond says he will quit if — as widely expected — Boris Johnson becomes prime minister this week.

Hammond said Sunday that Johnson’s vow to take the U.K. out of the European Union on Oct. 31 with or without a divorce deal is “not something that I could ever sign up to.”

He is the third minister within a week to quit or say they will resign in order to try to block a no-deal Brexit. Economists say leaving the EU without a deal would cause Britain economic turmoil.

Johnson is the strong favourite to win a two-person runoff to lead the Conservative Party and the country. The winner is being announced Tuesday, with the victor taking over from Prime Minister Theresa May on Wednesday.

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