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Philip Hammond

  • The government’s migration blindspot is a missed opportunity

    October 3, 2018

    If there is one message that has been trumpeted by cabinet ministers, MPs, and members at this week’s Conservative party conference, it is that the Tories are and have always been the party of business. From Philip Hammond’s affirmation that “the Conservative party has business at its core”, to Boris Johnson waxing lyrical about the [...]

  • May is not a match for Boris – give him a chance to lead

    October 3, 2018

    Boris has spoken, and such was his performance that the moment must come soon where he is given the opportunity to lead the Conservative Party before it faces further humiliation at the hands of the EU leadership, or is ultimately defeated by Jeremy Corbyn and his Momentum mob. Everyone expected Boris Johnson to cover the [...]

  • Theresa May will freeze fuel duty as Conservatives look to limit cost of living increases on working families

    October 3, 2018

    Fuel duty will be frozen for the ninth year in a row, Prime Minister Theresa May will say in her speech to Conservative party conference in Birmingham today, in a populist pitch to working families. May's speech, in which she'll hope to steal back the lime-light from former foreign secretary Boris Johnson, will also set [...]

  • ‘End Brexit psychodrama’ – Chamber of Commerce chief pleads with the Tories

    October 2, 2018

    The Tories must end their Brexit "pyschodrama" and focus on making the economy "fighting fit", the head of the British Chambers of Commerce has warned. Speaking to City A.M. on the eve of Theresa May's speech to her party conference, BCC director general Adam Marshall pleaded with the government to focus attention on other problems [...]

  • Airbnb reveals its UK tax bill amid Tory calls for a digital services tax

    October 2, 2018

    Airbnb paid just shy of £600,000 in UK tax last year, City A.M. can reveal, as chancellor Philip Hammond raises calls for a unilateral digital services tax on tech firms. In financial accounts seen by City A.M. and due to be published on Companies House later this week, Airbnb paid just £596,992 in corporate tax in the year [...]

  • Philip Hammond says Tories are the ‘party of business’ as he takes the fight to Jeremy Corbyn

    October 1, 2018

    Philip Hammond tried to paint the Conservatives as the "party of business" today as he launched a sustained attack on the Labour Party's plans for the economy. Speaking at the Tory conference in Birmingham, the chancellor urged his party to put on a united front to defeat Jeremy Corbyn – arguing Labour's plans would threaten [...]

  • Philip Hammond: Tory party ‘has business at its core’

    October 1, 2018

    Philip Hammond this morning sought to reaffirm the Tories as the “party of business” ahead of his Conservative Party Conference speech later today. He also tried to bolster business confidence about the prospects of the UK negotiating a Brexit deal with the EU, amid rising concerns over the possibility of the UK leaving the bloc [...]

  • CBI demands ‘change of tone’ on business from Tories ahead of Philip Hammond’s conference speech

    October 1, 2018

    The boss of the Confederation of British Industry this morning said she hoped for a "change of tone" at the Conservative Party conference ahead of chancellor Philip Hammond's speech later today.  Hammond is expected to say business remains at the centre of Tory policy when he addresses delegates on the second day of the conference.  [...]

  • Hammond: Chancellor to step back from apprenticeship levy in conference speech

    October 1, 2018

    The government will back down on its controversial apprenticeship levy today with a raft of reforms and a review into the scheme. Philip Hammond will announce the reforms to introduce greater flexibility for businesses and expand apprenticeship courses in science and other STEM subjects, in his speech at the Conservative Party Conference in Birmingham today. Read [...]

  • Philip Hammond confirms October date for Autumn budget

    September 26, 2018

     Chancellor Philip Hammond has announced that this year's Autumn budget will be delivered on 29 October. I’m pleased to announce the Budget will take place on 29 October. I’ll set out how our balanced approach is getting debt falling while supporting our vital public services, and how we are building a stronger, more prosperous economy. [...]

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