The Conservatives must take on and defeat Labour dinosaurs in a great clash of ideas over the future of capitalism, Philip Hammond has said, adding that activists must expose Jeremy Corbyn's back to the future socialist fantasy which was leading people down a dangerous path.
British Chancellor Philip Hammond on Sunday sent a thinly-veiled warning to Boris Johnson amid speculation that the Foreign Secretary is trying to destabilize Prime Minister Theresa May, declaring “nobody is unsackable”.
Theresa May is expecting Boris Johnson to remain in her Cabinet as Foreign Secretary, Downing Street has said. The comment came after Mr. Johnson dismissed reports that he might be on the verge of quitting and denied the Cabinet is split over Brexit, insisting: “We are a nest of singing birds.”
Brexit Secretary David Davis is to update MPs on last week's negotiations with the European Union later. Davis will make a statement in the House of Commons about the progress of the third round of Brexit talks. It comes after the prime minister said the UK is ready to intensify talks rather than stick to its one-week-a-month schedule.
The UK has set out the ambitious new customs arrangement it wants to secure with the EU after Brexit. Ministers said the plans would mean the freest and most frictionless possible trade with the rest of Europe and could include a temporary customs union after Brexit to prevent border problems as the UK leaves the EU.
The UK will need a transition period to help businesses adjust after Brexit, the chancellor and the international trade secretary have said. In a joint Sunday Telegraph article, Philip Hammond and Liam Fox stressed any deal would not be indefinite or a “back door” to staying in the EU.
UK’s Royal Mint will supply Argentina with 150 million peso coins, after the institution won a contract to assist with the minting of a new coin series. Announced on social media by UK chancellor Philip Hammond, the mint will work closely with its Argentine counterpart – Sociedad del Estado Casa de Moneda – to produce blanks for the new coin series.
Brexit will still happen despite the UK becoming more aware of the “density of problems” during withdrawal negotiations, Jean-Claude Juncker has said. The European Commission president indicated he disagreed with the Maltese prime minister Joseph Muscat, who reportedly said last week he saw “hopeful signs” that “Brexit will not happen”.
Argentine president Mauricio Macri received on Wednesday Chancellor of the Exchequer Philip Hammond, who had anticipated the purpose of the visit was to deepen UK-Argentine economic partnership and address political issues of common interest, such as the 2018 G20 summit and Argentina's aspiration to join OECD.
Philip Hammond has been backed by former Tory leader Lord Hague amid ongoing Cabinet tensions about the approach to Brexit. The ex-foreign secretary said the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels, giving time for a new trading relationship to be established and avoiding turning Brexit into a disaster.