No-deal Brexit would betray Britain: ex-finance minister
A no-deal Brexit would betray Britain's decision to leave the European Union, former finance minister Philip Hammond said Wednesday, as he slammed Prime Minister Boris Johnson's "wrecking" approach to negotiations.
UK finance minister to quit if Johnson becomes PM
British finance minister Philip Hammond said Sunday he would make a point of resigning before Boris Johnson became prime minister, saying he could never agree to his Brexit strategy.
Random thoughts on productivity
Chancellor Philip Hammond of the Bank of England in a speech few months back in the British House of Commons, said that the productivity question in relation to national economy is the one challenge that the G7 countries are still grappling with, but with no silver lining on the horizon. This is a rare admission…
UK finance minister says government open to Brexit compromise with opposition
British finance minister Philip Hammond said on Saturday the government had "no red lines" in talks with the main opposition party to break the deadlock in parliament over Brexit. "Our approach to these discussions with Labour is that we have no red lines," he told reporters at a meeting of European finance ministers in Bucharest.…
Brexit breakthrough possible within days: UK minister
Britain's finance minister Philip Hammond said Thursday there had been "some movement" by the European Union that could lead to a breakthrough in Brexit talks in "the next few days".
Britain 'very confident' of Brexit deal, says finance minister
Britain is still "very confident" of a Brexit divorce deal with the EU, finance minister Philip Hammond said Tuesday, a day after negotiations failed at the eleventh hour to produce an agreement.
Lawmaker calls for probe of UK bank’s ties in South African money laundering case
British lawmaker Peter Hain said on Wednesday he has asked finance minister Philip Hammond to refer an unidentified UK bank to regulators for an investigation into possible involvement in alleged money laundering involving South Africa’s Gupta family.
Britain sees stronger economy as Brexit looms
Britain's economy will grow far stronger than expected this year, finance minister Philip Hammond said Wednesday, as the country readies to trigger its exit from the European Union.
Brexit will be 'tough' and 'complicated', says UK finance minister
British Finance Minister Philip Hammond has warned that Brexit negotiations would be difficult, but said he hoped to maintain strong economic ties with the European Union.