Brexit was ‘never going to make the UK better off’ – Philip Hammond
The former chancellor said Vote Leave misled people by saying the UK would be better off in financial terms outside of the EU.
The former chancellor said Vote Leave misled people by saying the UK would be better off in financial terms outside of the EU.
The former chancellor spoke to Andrew Marr about how the UK can improve its economic prospects.
Hammond said he felt “aggrieved” at the loss of the whip, adding that the “Conservative Party that I have served has always had room for a wide range of opinions and has been tolerant of measured dissent”.
"Pivoting to accept something that's previously been on offer from the EU and has been rejected because it didn't work for the UK is an achievement maybe, but a limited achievement."
Hammond has been consistently sounding warnings about the economic danger of Johnson pursuing a no-deal Brexit.
Mr Hammond, who has been in Number 11 for three years, has been a vocal critic of a no-deal Brexit.
Philip Hammond blamed sluggish productivity on more disabled people in the workforce in today's treasury select committee. Responding to high high levels of unemployment, particularly youth unemployment, he said: “It is almost certainly the case that by increasing participation in the workforce, including far higher levels of participation by marginal groups and ...
Few politicians would proclaim to have magical powers, but today Philip Hammond seemed to develop the ability to make currencies drop on every word he says. Delivering a crucial Budget to parliament the pound plummeted as he rifled through a raft of shaky economic indicators. He acknowledged that the economic ...
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