Brexit on cards, if Brussels doesn’t give substantial reforms - Investec

FXStreet (Delhi) – Research Team at Investec, note that the Daily Telegraph is reporting that UK Foreign Secretary Philip Hammond said Britain will vote to leave the EU if Brussels doesn’t give in to “substantial” reforms.

Key Quotes

“Prime Minister David Cameron also said he would 'rule nothing out' if he failed to secure Britain the deal in Europe he feels they deserve, implying he could campaign for a Brexit if his terms are not met by Brussels - although sceptics would argue that Cameron would likely water down his requests before outright campaigning to leave the single market.”