U.K. ‘Almost Certain’ to End Up With Hard Brexit, Mandelson Says

  • Government in ‘titanic’ struggle over pace of departure
  • Britain will be ‘biggest casualty’ if stalemate continues
Peter Mandelson discusses the U.S.-China trade tensions, Brexit negotiations and the U.K.’s post-Brexit future.(Source: Bloomberg)
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Veteran Labour politician Peter Mandelson expects the U.K. to end up with only loose ties to the European Union after leaving the bloc.

“It’s almost certain that we’re going to end up with some form of hard Brexit,” Mandelson, who served in the governments of former Prime Ministers Tony Blair and Gordon Brown, told Bloomberg Television at the New Economy Forum in Singapore.