EU council president: It's hard Brexit or no Brexit at all

Simon Tilford, deputy director of pro-EU think-tank the Centre for European Reform, said the markets would be scrutinising the government’s actions closely. “They’ve had a honeymoon, and it’s very clearly over,” he said. “It’s pretty clear that of the leading members of the government, only Philip Hammond understands the gravity of the situation.” He added: “What’s really spooked people is the suspicion that they really don’t know what they’re doing.”