Brexit: Labour demands inquiry into ex-chancellor's claims Boris Johnson backers set to profit from no-deal

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour is demanding an independent conflict of interest inquiry into the prime minister, following allegations by Philip Hammond that Boris Johnson‘s wealthy supporters stand to profit from a no-deal Brexit. “Donors to the Conservative party and/or the prime minister could stand to gain from a no-deal Brexit – even if only through cushioning losses by adopting short positions. “So they, at least, will be reassured to see no evidence at all that his government has seriously pursued a deliverable deal; still less that it has been pursuing a deal that could get us out by 31 October.” The former chancellor condemned the 'incomers and entryists' at the top of government – led by Dominic Cummings Speaking earlier this week, Rachel Johnson, the prime minister’s sister, was asked on BBC Radio 4’s World at One who could be behind the strategy to deliver Brexit in any shape or form. Philip Hammond in today’s Times confirming that Boris Johnson is committed to a hard Brexit because the disaster capitalists who backed his campaign will make millions.” In his article for The Times, Mr Hammond added of his party: “Gone is the relaxed, broad-church coalition, united by a belief in free trade, open markets, fiscal discipline and a fear of the pernicious effects of socialism, but tolerant of a wide range of social and political opinion within its ranks.