Philip Hammond

Will the Bank of England be able to cope with the consequences of Brexit?

Sam Woods, chief executive of the Prudential Regulation Authority (PRA), has warned that the Bank of England (BoE) doesn't have…

Who is the new deputy governor of the Bank of England?

Sir Dave Ramsden, a senior civil servant, who has been at the Treasury for 29 years, was appointed the Bank…

UK government borrowing rises to £6.9bn as inflation boosts debt costs

UK government borrowing rose to £6.9bn last month after the country was forced to pay higher interest on its debt. Public…

Liam Fox thinks it should be easy for the UK to do a deal with the EU

Liam Fox, the UK’s international trade secretary, has said the UK could “survive” without a post-Brexit free trade deal with the…

Brexit: the UK should remain in the single market, says the CBI

The UK should stay in the single market and customs union during the Brexit transition period after 2019, the Confederation of…

Businesses are concerned over the costs of Brexit. What’s the UK government doing to reassure them?

Prior to the Brexit vote last June, it was predicted that a vote to leave the European Union (EU) would…

Mark Carney and Philip Hammond’s Mansion House speeches: what you need to know

After cancelling the event last week in the wake of the Grenfell Tower disaster, Bank of England (BoE) governor Mark…

The UK government is going all in on fintech as it readies for Brexit

British chancellor Philip Hammond said this morning fintech is part of the so-called "fourth industrial revolution" at the Treasury's first…

The UK chancellor’s spring budget: the reactions

The UK chancellor Philip Hammond announced his first, and last, spring budget today. While there were some winners, like R&D…

Get ready: Severe cuts to social care and tax hikes are coming

Cuts to public service spending are set to accelerate over the next few years as the UK government attempts to…