Lord Adonis has warned of the dangers of a hard Brexit, saying:
‘If we were to go for a hard Brexit which severs Britain’s trading ties with the continent, I think we could be heading for a calamity as a country’.
‘These decisions on Brexit have a crucial bearing on infrastructure. Business will not invest for the long term if they think Britain is going down the tube. It’s as simple as that. The projects that will be most affected will be those that require immediate private sector investment – starting with Heathrow’.
Mr. Adonis also suggested other infrastructure projects, such as HS2 and Crossrail 2, could be affected by a post-Brexit economic downturn.
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