Widening Cabinet Rift in UK Government

The transcript discusses the evolving perspectives on Brexit within the UK government. Initially, there was a unified stance, but post-election, differences emerged. Chancellor Philip Hammond emphasized a Brexit prioritizing trade and prosperity, contrasting with other government members. Economic concerns were highlighted by the Bank of England, indicating that interest rate hikes are unlikely due to economic uncertainty. The transcript also notes the internal divisions within the government, with Hammond advocating for a softer Brexit, potentially positioning himself as a leader among Remainers. The speech reflects ongoing challenges in the Tory party and the complexities of Brexit negotiations.

What does Philip Hammond believe should be prioritized in the Brexit negotiations?

How does the governor of the Bank of England view the impact of Brexit on interest rates?

What challenges does the text suggest the Tory party is facing in relation to Brexit?

What sentiment does Philip Hammond express about the current state of Brexit negotiations?

What was the intended purpose of the referendum according to the text?