The Chancellor of the Exchequer , Philip Hammond , was wrong to suggest parts of the Transatlantic Trade and Investment programme ( TTIP ) should be a model for future agreements between the uk and the EU , said John McDonnell , Labour 's deputy chancellor , speaking at the annual meeting of the British Chambers of Commerce ( BCC ) . McDonnell said the government is negotiating a deal for financial services above other interests in Brexit negotiations , and that the TTIP favoured large corporations over other interests . However , BCC director - general Adam Marshall said his group did not want sectors of the economy set against each other .
The Chancellor of the Exchequer, Philip Hammond, was wrong to suggest parts of the Transatlantic Trade and Investment Partnership (TTIP) should be a model for future agreements between the UK and the EU, said John McDonnell, Labour's shadow chancellor, speaking at the annual conference of the British Chambers of Commerce (BCC). McDonnell claimed the government is prioritising a deal for financial services above other sectors in Brexit negotiations, and that the TTIP favoured large corporations over other interests. However, BCC director-general Adam Marshall said his group did not want sectors of the economy set against each other.