LONDON - A Jeremy Hunt government would set aside a 6 billion pound war chest to protect fishing and farming, and prepare an emergency budget to cut taxes under plans designed to get Britain ready for a dramatic no-deal Brexit.
“You cannot leave the European Union on a wing and a prayer,” he will say. “Britain deserves better.” “I will mitigate the impact of no deal Brexit on you and step in to help smooth those short-term difficulties. If we could do it for the bankers in the financial crisis, we can do it for our fisherman, farmers and small businesses now.”
Emergency powers could be granted to ensure ports and airports work in a coordinated optimal way, while the Treasury will start preparations for a “No Deal Brexit Budget” that will bring in a range of options including cutting corporation tax to 12.5% and lowering business rates.
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