Tag: Philip Hammond

• Wednesday, January 22nd 2020 - 06:31 UTC

  End of 'comfort zone' for UK in Falklands' issues; Argentine ambassador in London and ex Deputy foreign minister, sacked

  

  The Argentine government has called back to Buenos Aires two ambassadors who were instrumental in the drafting and implementation of the 2016 Foradori-Duncan communiqué which opened the way for a more constructive relationship between Argentina and the UK, in a raft of issues, including those in the South Atlantic and the disputed Falklands Islands.

• Thursday, September 5th 2019 - 08:56 UTC

  Britain's Conservative parties imploding as decades of infighting are coming to an end

  

  Britain's ruling Conservative Party is imploding this week as a result of a no-holds-barred battle over Brexit that has seen the expulsion of 21 moderate MPs, including Winston Churchill's grandson, experts said.

• Monday, July 22nd 2019 - 09:42 UTC

  Hammond will resign if Boris Johnson becomes prime minister: he does not accept a no-deal Brexit

  

  British finance minister Philip Hammond said on Sunday that he would resign if Boris Johnson became prime minister because he felt unable to support a leader happy to take the country out of the European Union without a deal.

• Monday, June 17th 2019 - 15:22 UTC

  UK firms will become the first foreign companies to be listed in Shanghai

  

  UK-listed firms will become the first foreign companies to be able to list in mainland China under a new stock link, the Treasury said. Chancellor Philip Hammond is due to launch the London-Shanghai Stock Connect on Monday.

• Saturday, April 13th 2019 - 07:53 UTC

  Hammond admits the idea of a second Brexit referendum is very likely

  

  The idea of a second Brexit referendum is very likely to be put before Britain's parliament again although the government remains opposed to any new plebiscite, the British finance minister said on Friday.

• Monday, March 18th 2019 - 06:42 UTC

  Mrs. May Brexit deal will be put to a vote this week only if it has DUP and Tory MPs support

  

  Theresa May's Brexit deal will not return to the Commons this week unless it has support from the DUP and Tory MPs, the chancellor says. The PM's plan is expected to be voted on for a third time in the coming days. But Philip Hammond told the BBC's Andrew Marr that it would only be put to MPs if “enough of our colleagues and the DUP are prepared to support it”.

• Thursday, February 21st 2019 - 15:33 UTC

  Labour and Tories face more resignations with Independent Group growing

  

  British Labour and Conservatives parties could face more resignations, with members of the new Independent Group saying they expect more MPs to join them. Ex-Tory MP Heidi Allen told ITV's Peston program “a third” of Tory MPs were fed up with the party's direction.

• Tuesday, February 19th 2019 - 09:21 UTC

  Hammond visit to China called off amid reports of Beijing anger with UK defense actions

  

  A visit to China by Chancellor Phillip Hammond has been called off amid reports a speech by the UK's defense secretary angered Beijing. There were plans for trade talks between Mr Hammond and senior Chinese government figures during the brief visit this week. But last week, Gavin Williamson had indicated the UK's intention to send an aircraft carrier to the Pacific.

• Monday, February 11th 2019 - 08:51 UTC

  Institute for Fiscal Studies says more billions needed to end Hammond's austerity

  

  Philip Hammond must spend billions extra to end austerity, says think tank the Institute for Fiscal Studies (IFS). To maintain per capita spending across government departments which don't have ring-fenced budgets, he must find an extra £5bn a year by 2023, it adds. And maintaining spending on unprotected services as a share of national income would require £11bn on top of spending plans set out in the 2018 Budget.

• Saturday, January 26th 2019 - 08:08 UTC

  Hammond suggests a Brexit compromise with EU leaders which could influence a vote in London

  

  British finance minister Philip Hammond said on Friday he believed the EU might compromise over a Brexit deal in a way that would persuade lawmakers in London to support it.