MPs will not know “the full details” of Britain’s future trade deal with the EU when they vote on Brexit later this year, the Chancellor has admitted.
“He wants MPs to vote with their eyes closed on the final deal – and to ignore the serious damage Brexit will do,” said Caroline Lucas, the co-leader of the Green Party and supporter of the pro-EU Best for Britain group.
On Wednesday, the Brexit Secretary tried to reassure MPs that “all of the substance” of the UK’s future relationship with the EU will be agreed before Brexit, in March next year.
But, speaking to financial newswire Bloomberg, Mr Hammond conceded that the details of any agreement would not be clear before Parliament votes on withdrawal terms, probably this autumn.
He said: “Probably not the full details, but we would expect the high level shape of the future relationship to be emerging by that time.”
Ms Lucas added: “MPs need to be able to vote with the full facts in front of them, anything else would be utterly unacceptable.”
The comments are also likely to further inflame growing tensions with hard Brexit supporting Conservative MPs, who are threatening a revolt over the planned transition deal.
It would also mean Parliament being asked to authorise the £39bn “divorce bill” in the withdrawal agreement, before details of the trade agreement are hammered out.
In the interview, Mr Hammond also made clear that securing access to the EU markets for financial services firms would be a red line for the UK.
But he said that might not be formal “passporting” arrangements – allowing companies to operate across the EU unhindered no matter where they are based – which Brussels has already ruled out.
Nevertheless, Mr Hammond said he believed the UK had a negotiating advantage on the issue of financial services being included in the deal.
“We have to negotiate that with the European Union but the UK’s financial services sector is larger than the rest of the European Union’s put together, so we have some negotiating weight in this discussion,” he said.
Mr Hammond was speaking ahead of Theresa May’s speech to the gathering of the global elite, before she meets Donald Trump later on Thursday.
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