Philip Hammond

Biography

Philip Hammond served as Chancellor of the Exchequer during one of the most tumultuous periods in recent British political history. Taking charge of the Treasury just before the EU Referendum, he led efforts to maintain financial stability in the uncertain aftermath, whilst also being a leading voice in support of a close post-EU relationship that prioritised jobs and security.

An MP for over 20 years, and a cabinet minster for almost half that time, Philip previously served as Secretary of State for Transport before moving to Defence. He was then appointed Foreign Secretary where alongside European issues he handled conflicts and sensitive diplomatic relationships with Russia, China, and Middle East countries, notably he was the UK representative in negotiations over the the Iran nuclear deal, the JCPOA.

As Chancellor, Philip aimed to balance the financial and political challenges arising from the EU Referendum that divided Parliament and saw business reluctant to commit to investment. He advocated for a close, pragmatic post-Brexit economic relationship with Europe. Away from the EU his priorities extended to the potential of technology to transform work and society, the challenges facing developing economies, and the problems and opportunities presented by climate change and demographic shifts. He also maintained his connections to China and the Gulf states from his Foreign Office role.

Prior to entering Parliament Philip worked in the private sector and as an advisor to overseas governments. As an MP he was appointed as Shadow Chief Secretary to the Treasury and Shadow Secretary of State for Work and Pensions before moving into Government.