Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Chancellor Philip Hammond hits back at critics calling for him to be sacked

City A.M. Nigel LawsonNigel Lawson
Friday, 13 October 2017 ()

Chancellor Philip Hammond hits back at critics calling for him to be sackedPhilip Hammond has bit back at claims he is running down the UK's economy, describing such accusations as "bizarre".

The chancellor has faced criticism for stating that Brexit has created uncertainty around the economy - during a recent appearance before the Treasury Select Committee (TSC) this week, Hammond would not commit to spending based on a no deal scenario in next month's Budget. He also said no Brexit deal could result in flights between the EU and the UK being grounded. 

In the wake of the TSC hearing, former chancellor Nigel Lawson called on Theresa May to sack Hammond, while Leave.EU launched its own campaign to get Hammond out of the Treasury. 

"It is absurd to pretend that the process we are engaged in hasn't created some uncertainty. But the underlying economy remains robust," Hammond said today, according to a BBC report.

"I am committed to delivering a Brexit deal that works for Britain."

The Prime Minister said today that she has "full confidence" in her chancellor, and one former minister told City A.M.: "Hammond is safe until the Budget, although of course things are changing fast. It's a tall order, but if things go well in the overall handling of the Budget that might help calm things down."
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: PA - Press Association STUDIO - < > Embed

News video:

 01:33

Brexit negotiations must move quickly on to agreeing transitional arrangements to a future UK-EU partnership to avoid damage to the British and European economies, Chancellor Philip Hammond has warned. Mr Hammond told MPs there was a "need for speed" from the remaining 27 EU member states amid...

You Might Like


Recent related news

Budget 2017: Hammond is urged to show that the UK is open for business

Budget 2017: Hammond is urged to show that the UK is open for business
Business groups have urged chancellor Philip Hammond to emphasise that the UK is open for business in this year's Autumn Statement, which is due on 22...
City A.M. - Business

Hammond: No Brexit deal could ground flights but it's unlikely to happen

Hammond: No Brexit deal could ground flights but it's unlikely to happen
Chancellor Philip Hammond said today it is possible that Britain leaving the European Union without a deal could result in no air traffic, but nobody thinks it...
City A.M. - Business

Brexit: Philip Hammond calls EU 'the enemy' in extraordinary outburst

Chancellor Philip Hammond has referred to the EU as "the enemy" in Brexit negotiations, in an extraordinary outburst likely to cause major divisions with...
Independent - UKAlso reported by •India Today

Philip Hammond and George Osborne's Brexit lobster lunch

Philip Hammond and George Osborne's Brexit lobster lunch
Chancellor Philip Hammond (pictured) and his predecessor George Osborne were last night accused of plotting to thwart Brexit over a lobster lunch at a London...
MailOnline - Front PageAlso reported by •City A.M.

Lord Michael Heseltine lends his support to Philip Hammond

Lord Michael Heseltine lends his support to Philip Hammond
LORD MICHAEL HESELTINE has given a staunch defence of Chancellor Philip Hammond and his comments regarding Brexit- claiming that he must hang onto his job.
MailOnline - Front PageAlso reported by •Belfast Telegraph

Brexit cameras at border in Ireland would threaten peace, warns Hammond

Brexit cameras at border in Ireland would threaten peace, warns Hammond
Cameras and other infrastructure erected along the border with the Republic post-Brexit would become a "legitimate target" and risk undoing the peace process,...
Belfast Telegraph - UK

Hammond plots 'big offer' on housing and student loans

Hammond plots 'big offer' on housing and student loans
The embattled Chancellor Philip Hammond (pictured in Washington on Friday) will deliver his Budget on November 22 amid calls for him to be fired over his...
MailOnline - Front PageAlso reported by •City A.M.

Other recent news in Business

Airbus snaps up BOMBARDIER C Series in new Boeing challengeAfter AIRBUS deal, Quebeckers worry about future of Bombardier jobs
Donald Trump plunges on FORBES rich list after losing estimated $840 millionHead of AMAZON STUDIOS Roy Price resigns after harassment charge
Airbus challenges BOEING with vow to create US jobsOECD: Reversing BREXIT would give "significant boost" to UK economy
HARVEY WEINSTEIN 'steps down from company board'CANADA and Mexico will reportedly reject America's demands on NAFTA
RIO TINTO slapped with largest-ever fine from FCA for Mozambique failingsQuestions over Mondelez motives after exit to AUSTRALIA confirmed

Twitter

pic

longjohnsilver RT @Brexit: Philip Hammond hits back at Brexit critics and says he'll remain chancellor https://t.co/dVgJUn7RFj https://t.co/ybmLMcBxsy 22 hours ago

pic

Sentienze @andrew_bogg @Markm49uk @michaeljones713 @SkyNews Yawn. https://t.co/y3LlqspkMM 1 day ago

pic

Melvyn Dishroom RT @Brexit: Philip Hammond hits back at Brexit critics and says he'll remain chancellor https://t.co/dVgJUn7RFj https://t.co/ybmLMcBxsy 2 days ago

pic

Johan Wagenaar RT @Brexit: Philip Hammond hits back at Brexit critics and says he'll remain chancellor https://t.co/dVgJUn7RFj https://t.co/ybmLMcBxsy 2 days ago

pic

anja nijenhuis RT @Brexit: Philip Hammond hits back at Brexit critics and says he'll remain chancellor https://t.co/dVgJUn7RFj https://t.co/ybmLMcBxsy 2 days ago

pic

Susan Naylor RT @Brexit: Philip Hammond hits back at Brexit critics and says he'll remain chancellor https://t.co/dVgJUn7RFj https://t.co/ybmLMcBxsy 2 days ago

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+