Chancellor Philip Hammond has said any "transitional deal" in the immediate period after Brexit must end by the time of the next general election. "There will be a process between the date we leave the European Union and the date on which the new treaty-based arrangements... come into force," he told Sarah Montague. "I think there's a broad consensus that this process has to be completed by the scheduled time of the next general election, which is in June 2022," he said. (Image: Philip Hammond. Credit: Reuters)