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...

Johnson backs tech tax despite Trump's threats

Sep 6,2022 6:41 pm

Prime Minister Boris Johnson has said he would press ahead with a digital sales tax even after the US threatened to punish France for a similar move.

In a proposal first outlined last Year , large online companies face a tax of 2% of UK sales from April 2020.

Mr Johnson said digital companies needed to make a "fairer contribution".

Donald Trump has threatened to impose taxes on French goods in retaliation for a digital services tax that would affect Google, Amazon and Facebook.

Ahead of Wednesday's Nato meeting in Watford, the US President said: "We've taxed wine and we have other taxes scheduled.

"We'd rather not do that, but that's the way it would work. So it's either going to Work Out , or we'll Work Out some mutually beneficial tax. "

The US said it would apply tariffs of up to 100% on $2. 4bn (£1. 8bn) of cheese, Champagne, handbags and other French products.

The US has made clear that other countries pursuing a digital sales tax could face similar action.

Multinational companies including Google and Facebook have been criticised for paying very little tax in some countries despite booking large revenues due to the way profits can be reported in lower tax jurisdictions.

A multilateral solution is being sought but some countries, including the UK, are introducing interim taxes.

"On the digital services tax, I do think we need to look at the operation of the big digital companies and the huge revenues they have in This Country and the amount of tax that they pay," Mr Johnson said late on Tuesday.

"We need to sort that out. They need to make a fairer contribution. "

The UK's tax was first suggested by Philip Hammond , the former chancellor and could initially raise almost £500m a Year .

The Pledge to implement the tax is contained in the Conservative manifesto.

The Labour Party has also promised a tax on "multinationals". In The Party 's press release about the plans last month, "Amazon, Facebook and Google" were mentioned specifically.

France is imposing a 3% tax on any digital company with revenue of More Than €750m ($850m; £670m), of which at least €25m is generated in France.

The tax will be back-dated to early 2019, and is expected to raise about €400m this Year .



boris johnson, trump tariffs, trade war, donald trump, tax avoidance, tax

Source of news: bbc.com

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