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Thursday, 21 July 2016

Brexit could force multibillion-pound projects to be scrapped, says NAO chief | Politics | The Guardian

Brexit could force multibillion-pound projects to be scrapped, says NAO chief | Politics | The Guardian:

"Billions of pounds worth of public projects will have to be scrapped by Theresa May because of a “tidal wave” of pressures from an impending Brexit, the head of Whitehall’s official spending watchdog has said.

The comptroller and auditor general of the National Audit Office, Sir Amyas Morse, said the government would have to treat leaving the EU as an “emergency” and that government departments would be forced to decide which plans could be cancelled or suspended.

Major projects such as the Hinkley Point C nuclear plant, a third runway at Heathrow and the ambitious HS2 rail project would have to be reassessed as the government decides which can be done without, he told the Guardian. "



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