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Montevideo, July 18th 2018 - 02:58 UTC

Tag: Philip Hammond

  • Tuesday, June 5th 2018 - 07:20 UTC

    Fresh Conservative attacks on Theresa May and her Brexit “negativity”

    Ex minister Priti Patel told The House magazine that the Government needed to articulate a “better vision for the future” after Brexit.

    Theresa May has been hit with fresh Conservative attacks on her leadership as she attempts to steer the UK through Brexit. Former Cabinet Minister Priti Patel accused the Prime Minister and Chancellor Philip Hammond of “negativity” as they attempt to lead the country out of the European Union.

  • Monday, May 28th 2018 - 08:10 UTC

    EU's Brexit negotiator has called for “realism” from UK government

    Barnier’s intervention during a visit to Portugal, illustrated the gap between the two sides in the negotiations. “Time is running short,” he said

    The European Union’s Brexit negotiator has called for “realism” over the terms of the future relationship between the UK and Brussels. Michel Barnier’s comments came after claims from EU officials that Britain has a “fantasy” approach to the talks sparked anger.

  • Saturday, May 26th 2018 - 08:39 UTC

    Brexit talks in Brussels lead to strong exchanges with Chancellor Hammond

     “There are obviously a wide range of views on both sides but everybody that I have engaged with has been very constructive, very keen”, Hammond said

    Chancellor Philip Hammond has criticized claims from European Union officials that Britain has a “fantasy” approach to Brexit negotiations. Mr Hammond insisted that talks with EU officials were “constructive” after reports from the continent that Britain was being “unrealistic” and little progress made in discussions in recent days.

  • Wednesday, May 2nd 2018 - 08:36 UTC

    No peace for PM May: Brexiteer MPs deliver an ultimatum on customs union

    Allegedly chancellor Philip Hammond favors a customs partnership whereby UK n collects the EU's tariffs on goods coming from other countries on the EU's behalf

    Senior Brexiteer MPs have delivered an “ultimatum” demanding Prime Minister Theresa May drops one of the government's preferred post-Brexit customs options. A 30-page document passed to the BBC says a “customs partnership” would make meaningful trade deals “impossible” and render the International Trade Department “obsolete”.

  • Friday, April 27th 2018 - 12:36 UTC

    UK economy grows at its slowest since 2012 in Q1; pound falls to US$ 1.380

    Bank of England governor Mark Carney hinted that interest rates could rise more gradually than expected due to uncertainty over Brexit and economic “mixed data”

    The UK economy grew at its slowest rate since 2012 in the first quarter of the year, the Office for National Statistics (ONS) has said. GDP growth was 0.1%, down from 0.4% in the previous quarter, driven by a sharp fall in construction output and a sluggish manufacturing sector.

  • Friday, March 16th 2018 - 10:06 UTC

    Hammond and Johnson will be visiting Argentina

    Hammond (R) will be participating in the G20 finance ministers meeting next week and Boris Johnson (L) will be in Buenos Aires in May.

    British Chancellor Philip Hammond and Foreign Secretary Boris Johnson are scheduled to visit Argentina as part of the G20 ministerial round of meetings in coming weeks, announced UK ambassador Mark Kent following talks on Thursday with foreign minister Jorge Faurie.

  • Monday, March 12th 2018 - 09:33 UTC

    Hammond: no end to austerity: surpluses will be used to lower UK debt

    UK is now running a surplus of £3.8bn in its current budget - the money borrowed to fund day-to-day spending rather than long-term investment - according ONS.

    British Chancellor Philip Hammond has rejected calls by Labour and some Conservatives to announce the end of austerity in his spring statement on Tuesday. He is expected to unveil the smallest budget deficit since 2002, thanks to better than expected public finances.

  • Wednesday, February 21st 2018 - 09:19 UTC

    Brexit strategy suggestion to Theresa May from 62 Conservative MPs

    Mrs May and the government have been under pressure to spell out in detail what they want the UK's future partnership with the EU to look like.

    More than 60 Conservative MPs have signed a letter to Theresa May making a series of “suggestions” about the government's Brexit strategy. The letter from the European Research Group says the UK should be free to negotiate and sign trade deals with other countries as soon as it leaves.

  • Tuesday, January 30th 2018 - 10:16 UTC

    PM May leadership questioned by Tories divided over Europe

    No 10 says Mrs May had made progress in the negotiations and set out a “clear vision” of the UK's future relations.

    Prime minister Theresa May has been warned the UK risks disaster unless she “sees off hard Brexiteers” in her own party amid continuing Tory divisions over Europe. Ex-minister Anna Soubry said the PM must not let what she said were 35 MPs dictate the terms of the UK's EU exit.

  • Monday, January 29th 2018 - 10:41 UTC

    Euro-skeptic Tories fear real danger of a “dilution of Brexit”; point to Hammond

    Backbenchers criticized Philip Hammond this week for saying changes to UK-EU relations could be “very modest”.

    The UK is heading towards “a dilution of Brexit”, former cabinet minister Theresa Villiers has said. The Conservative MP, writing in the Sunday Telegraph said there was “a real danger” the UK will sign up to an agreement with Brussels which could “keep us in the EU in all but name”. Her comments come amid growing Tory party rifts over Brexit.