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...

New homes: What's happened to the government's house-building target?

Sep 6,2022 6:41 pm

Levelling Up Secretary Michael Gove appeared to back away from the government's house-building Target , in an interview on BBC Radio 4 's Today programme.

" We're going to do everything we can [to meet The Target ] - But it's no kind of success simply to hit a Target if the homes are shoddy, in the wrong place, don't have the infrastructure required and are not contributing to beautiful communities, " He Said .

" Arithmetic is important But so is beauty. "

What is the government's Target ?

The Target , set out in in the 2019 Conservative manifesto, is for "300,000 homes a year by the mid-2020s".

The figure, which is for England, was unveiled by then Chancellor Philip Hammond in November 2017.

" Experts agree that 300,000 new homes a year would start to make inroads on the affordability of housing, "

How close has the government come?

In 2019-20 there were 242,700 net additional dwellings, which fell to 216,490 in 2020-21, partly due to the pandemic.

Net additional dwellings is the headline figure for housebuilding, including houses being converted to flats or commercial buildings switching to domestic use, as well as new builds. It also factors in demolished houses.

" The government will miss their 300,000-homes-a-year manifesto pledge by a country mile, " former Housing Secretary Robert Jenrick told MPs on Tuesday.

He predicted that the figure for 2019-20 would be " The High watermark of The Number of homes built in This Country for several years to come".

But the Prime Minister 's official spokesman said the government was still committed to the 300,000 Target , which was " central" to its " levelling-up" ambitions.

How many homes were being built previously?

On average, almost 250,000 homes were built in England in each year of the 1970s.

But there was also a great deal of demolition, largely due to slum clearance, which made the overall figure just under 200,000 a year.

The 1990s saw many fewer homes built But also fewer demolitions, making the overall average about 150,000 a year.

This annual figure then rose until the 2007-08 financial crisis, recovering in the mid-2010s.

Are new homes affordable?

Even 300,000 homes a year would make no difference if they were the wrong sort of Properties , according to housing charity Shelter.

" There is no point in building 300,000 homes a year if the vast majority are overpriced flats and houses that people on average or lower incomes can't afford, " a representative said.

" The government must make sure any Target it sets will deliver the genuinely affordable social homes This Country needs. "

The government's 2020 Social Housing White Paper renewed its affordable-homes programme for 2021-26.

This £11. 5bn programme is supposed to deliver up to 180,000 new homes over that period, half with discounted Rent and half for affordable ownership.

The government's show 52,100 affordable homes were completed in England in 2020-21, down 12% on the previous year.

These homes are classified as having:

How much have prices risen?

When Mr Hammond announced the 300,000-a-year Target , the UK average house price was £215,113, according to The Office for National Statistics .

, for February 2022, show an average price of £276,755, an increase of 29% and More Than 10 times the average wage.

For comparison, over the same period, the has risen by 11%.



Source of news: bbc.com

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