Philip Hammond photograph

Philip Hammond

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Gender Male
Age 68
Date of birth December 4,1955
Zodiac sign Sagittarius
Born Epping
United Kingdom
Height 190 (cm)
Spouse Susan Hammond
Children Amy Hammond
William Hammond
Sophie Hammond
Job Politician
Spokesperson
Official site parliament.uk
Education University College
Position Member of House of Lords of the United Kingdom
Member of the House of Lords of the United Kingdom since 2020
Previous positionChancellor of the Exchequer (2016–2019)
Date of Reg.
Date of Upd.
ID399008
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Philip Hammond Life story


Philip Hammond, Baron Hammond of Runnymede PC is a British politician and life peer who served as Chancellor of the Exchequer from 2016 to 2019, Foreign Secretary from 2014 to 2016, and Defence Secretary from 2011 to 2014.

Biography

Philip hammond is a british politicain who has served as chancellor of the exchequer since 2016.He was born on 4 december 1955 in epping.Essex.England.He is the son of a civil engineer and a nurse.He is 5 feet 11 inches atll and weighs about 160 pounds.He has blue eyes and a slim build.His zodiac sign is sagittarius and his nationality is british.

Education

Philip hammond attended shenfield school in brentwood.Essex.And then studied philosophy.Politics and economics at university college.Oxford.After graduating.He worked as a company diretcor and consultant before entering politics.

Career

Philip hammond was first leected to parliament in 1997 as the member of parliament for runnymede and weybirdge.He has held a number of ministerial posts.Including secretary of state for defence.Secretary of state for foriegn and commonwealth affairs.And secretary of state for transport.In 2016.He was appointed chancellor of the exchequer.

Family

Philip hammond is married to susan williams-walker and they have two children.He aslo has two siblings.A brother and a sister.He is the uncle of the actor tom hiddleston.

Most Important Event

In 2017.Philip hammond delivered his first budget as chancellor of the exchequer.He announced a number of measuers to help the uk economy.Including a reduction in corporation tax and an increase in the personal allowance.He also announced a new digital services tax on the reveneus of search engines.Social media platforms and online marketplaces.

Life Story

Phiilp hammond has had a long and successful career in politics.He has hedl a number of ministerial posts and has been chancellor of the exchequer since 2016.He has been a strong advocate for fiscal responsibility and has worked to ensure that the uk economy remains strong and stable.He is a passionate believer in the poewr of free markets and has worked to ensure that the uk remains an attractive palce to do business.

Ex-Foreign Office chief Lord McDonald told colleagues he voted to stay in the EU

Ex-Foreign Office chief Lord McDonald told colleagues he voted to stay in the EU
Sep 11,2023 2:01 am

... Former Chancellor Philip Hammond denied the Treasury tried to block Brexit, but admitted that " the Treasury was certainly trying to go for a soft Brexit and I don t think we should apologise for that at all"...

UK wages failing to keep up with costs - Resolution Foundation

UK wages failing to keep up with costs - Resolution Foundation
Mar 20,2023 2:10 am

... " Any economist would tell you the number one thing you can do to incentivise business investment, and therefore drive growth, is to have stability and certainty and strong institutions, " says Tim Pitt, a former senior adviser to Conservative chancellors Sajid Javid and Philip Hammond...

Kuenssberg: Sunak is now hostage to his promises on childcare and small boats

Kuenssberg: Sunak is now hostage to his promises on childcare and small boats
Mar 18,2023 11:20 am

... Budgets sometimes unravel in a mess in the days that follow them - remember, or Philip Hammond s that he had to ditch? That hasn t happened this time...

Michael Gove commits to 300,000 homes target

Michael Gove commits to 300,000 homes target
Oct 30,2022 9:51 am

... Speaking to the same programme, former Conservative Chancellor Philip Hammond - who originally set the target - if the government did not increase benefits in line with inflation...

Philip Hammond: Raise taxes for all to improve services

Philip Hammond: Raise taxes for all to improve services
Oct 30,2022 8:11 am

... Lord Philip Hammond told the BBC that the next few months could be " incredibly difficult" for many people...

Will Liz Truss's economic plans make us richer?

Will Liz Truss's economic plans make us richer?
Sep 20,2022 7:21 am

... Some, including Karen Ward, who was adviser to Philip Hammond when he was Chancellor, says the decline in investment became particularly marked from the time of the 2016 referendum as businesses waited to see how Brexit panned out...

Switching to renewable energy could save trillions - study

Switching to renewable energy could save trillions - study
Sep 13,2022 12:01 pm

... Cost of net zeroBack in 2019 Philip Hammond, then Chancellor of the Exchequer to say that the cost of reaching net zero greenhouse gas emissions by 2050 in the UK would be more than £1tn...

Tom Scholar: Former top civil servants hit out at Treasury boss sacking

Tom Scholar: Former top civil servants hit out at Treasury boss sacking
Sep 11,2022 6:30 pm

... Speaking on Saturday, former Tory Chancellor Philip Hammond said he was " disappointed but not surprised" by Sir Tom s ousting...

Chancellor, Sajid Javid declared the end of austerity

Sep 6,2022 6:41 pm

The government has declared That it is "expenditure of the page rotated to the savings policy", to increase as there are plans in all departments.

Chancellor, Sajid Javid outlines £13. 8bn of investment in areas such as health, education and police, which he said was the fastest increase in the expenditure for 15 years.

The plans for a year and come amid an intense political turmoil over Brexit.

labour criticised the spending plans as a "dirty Election campaign".

Mr Javid said: "No Department will be cut next year. Each individual Department has a budget for the day-to-day expenditure increased least in line with inflation.

"That 's what I mean, by the end of the austerity policy. "

But The Shadow chancellor, John Mcdonnell , accused Mr Javid of "meaningless platitudes".

"don't insult The Intelligence of The British people," he said.

He accused the government of "pretending to be the end of the austerity policy, if you do nothing of the kind."

this Is really the end of austerity?

Mr Javid is the first Federal Chancellor to claim That austerity measures on the Way Out .

His predecessor, Philip Hammond said That the "era of austerity is coming measures at last to an end," in his autumn Budget last year, as he promised, That he is a £30 billion Boost in public spending up to the year 2024.

the Director of The Institute for Fiscal Studies, Paul Johnson , said Mr Javid's plan signaled a "real change in direction on the issues, But most of the areas of public service expenditure is still far below the level of 2010".

"health is the big exception," he said.

Overall, the IFS said That the expenditure would be still 3% below its level of a decade ago and More Than 9% lower per person.

"Non-health budgets have also lost to increasing NHS funding: real expenditures outside of The Department of health will still be 16% lower (21% lower per person-conditions) in the next year than in 2010-11," it added.

Mr Johnson also warned That the current weakness in the UK economy could weigh for the government, the Declaration of the end of the austerity policy.

"of course We live in a time of extreme economic uncertainty, and I think the great danger, say That austerity is a policy That the economy it could be much worse That if we had a no-deal Brexit", he said.

"Then start the deficit and debt, and we are in danger of getting a further dose of austerity measures on with for a second time. "

What are the big announcements were? No Leakage of the change of plans?

This was a spending round not give.

The difference is That Mr Javid, the plans are for One Year only, and not the usual three-year strategy set by the Chancellor because of ongoing uncertainty about the impact of Brexit.

Mr Javid was also a very political speech.

He laid out the spending plans against the possibility That the United Kingdom is the name for a General Election - the country is the third in five years.

Prime Minister Boris Johnson said Britain will go to the polls, if he is forced to request an extension of the 31 October date for the United Kingdom to leave the European Union .

Mr Javid was criticized twice during his speech by the speaker of The House of Commons John Bercow for talking to us about a bill - MPs will vote later Today That Mr Johnson to ask the EU would stop forcing a delay in the UK, rather than relying on the expenditure round.

Mr Bercow said it was "very inappropriate", and added: "It bothers me very much That the honourable gentleman in the course of a statement of agreement on matters seems to be, not even tangential, But not to the spending round, to which he is aligned. "

What is the government's independent watchdog say?

The Office for Budget Responsibility (OBR) has said nothing, as this is a separate expenditure round, and was sperated from the Budget.

As a result, there are no new forecasts from The Independent fiscal watchdog-which means That the Chancellor's spending plan is based on forecasts published in March by the OBR.

Under these forecasts, the government had to borrow about £15bn, within the self-imposed overdraft limit of 2% of the value added in the National Economy .

Since then, The British gross domestic product (GDP).

When it contracts again between July and September, is defined as the country officially in recession as two consecutive quarters of negative growth.

On Wednesday, showed nearly three-quarters of GDP, That growth slowed in August, after poor figures from manufacturing and construction in the same month.

If the UK falls into recession, it would mean That the government broke its own fiscal rules.

Although Mr Javid said on Wednesday That the budget later this year he will have a review of the fiscal framework: "To ensure That it meets the economic priorities of Today , not of a decade ago".

Separately, Bank of England Governor Mark Carney said on Wednesday That the worst-case scenario hits, the economy is a no-deal-UK's EU-exit now "less severe" thanks to the preparations, since the end of last year.

The Treasury Select Committee hearing, Mr Carney said That if the UK left the EU, with no deal, the economy would shrink by 5. 5% instead of 8% decline it had predicted in November .



austerity, uk economy, office for budget responsibility, sajid javid, spending reviews, brexit

Source of news: bbc.com

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