Hammond's Treasury Cold-Shouldered as May Pursues Brexit Agenda.

May, who has promised to trigger formal Brexit negotiations by the end of March, is unlikely to be guided by Hammond, who is acting more as a mitigator between some of the government's more hardline ideas and a business community increasingly alarmed by the prospect of a "hard Brexit", the officials said. Britain has two years to clinch a Brexit deal once Article 50 of the Lisbon Treaty, the formal process for leaving the EU, is triggered. [Extracted from the article]