Political commentator Philip Stephens sets out the issues which will concern Philip Hammond as chancellor.
If the diplomats at the Foreign Office raised more than an eyebrow at Boris Johnson’s appointment the mandarins at the Treasury got a chancellor they are comfortable with. Philip Hammond is known as one of Westminster’s grown-ups – a safe pair of hands entirely at ease with complex spreadsheets. Publicly unflashy privately he has a dry sense of humour. He is credited with solid if unstartling performances at the helms of the ministries of transport and defence and the foreign office. Most importantly he has the trust of Theresa May. The same cannot be said of all of his cabinet colleagues.
Solidity suits the moment. No the economic roof did not fall in overnight after the Brexit vote on 23 June ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
Home >Articles > Challenges facing the new chancellor
Challenges facing the new chancellor
Political commentator Philip Stephens sets out the issues which will concern Philip Hammond as chancellor.
If the diplomats at the Foreign Office raised more than an eyebrow at Boris Johnson’s appointment the mandarins at the Treasury got a chancellor they are comfortable with. Philip Hammond is known as one of Westminster’s grown-ups – a safe pair of hands entirely at ease with complex spreadsheets. Publicly unflashy privately he has a dry sense of humour. He is credited with solid if unstartling performances at the helms of the ministries of transport and defence and the foreign office. Most importantly he has the trust of Theresa May. The same cannot be said of all of his cabinet colleagues.
Solidity suits the moment. No the economic roof did not fall in overnight after the Brexit vote on 23 June ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")