Philip Hammond
Member of Parliament, Former Chancellor of the Exchequer
Tuesday, September 10, 2019
9:15 am

Philip Hammond has been a UK Cabinet Minister and key member of the British Government for almost a decade. Leading four departments over nine years and rising to the second most powerful job in government, he is one of only three people to serve continuously in the UK cabinet from 2010 to 2019,serving under Prime Ministers David Cameron and Theresa May.

Taking on the role of Chancellor of the Exchequer shortly after the 2016 Brexit Referendum, Philip took charge of the British economy at a time of unprecedented uncertainty.

He has always strongly held the view that nobody voted for Brexit with a view to becoming poorer or less secure, and thus believes the best way of delivering the result of the referendum is to negotiate a deal with the European Union that keeps the UK and EU close economically, even after the UK leaves the EU.

He fought strongly for this approach within the cabinet and has continued to do so since leaving government. He also focused on the needs of business, faced with such unprecedented uncertainty and particularly the need to protect London’s global financial markets.

Philip has focused on the challenges faced by developed economies, specifically: the technological revolution and how it is already transforming the way we work and live our lives; climate change and how to harness the market economy to deliver decarbonisation; demographic shifts and the challenges of an ageing population, and particularly in the UK, the challenge of raising productivity.

Through his roles as Chancellor and as Foreign Secretary,Philip has considerable experience of working with China, and clear views about how to manage the integration of China as a major economic and strategic power into the global system. He also has strong connections in the Gulf region.

He was part of the “E3+3” team that negotiated the JCPOA nuclear arms control deal with Iran in 2015. During his tenure as Defence and then Foreign Secretary, Philip built strong links with the US and other allied counterparts, both civilian and military, and was a frequent visitor to Afghanistan during the campaign.

Philip retains a close interest in the strategic challenges facing the Western Alliance and then interrelationship between economic and strategic influences.

Philip grew up in Essex, England, and studied Philosophy,Politics and Economics at University College Oxford. Before entering Parliament in 1997, he ran a number of successful businesses. He remains the Member of Parliament for the Surrey constituency of Runnymede and Weybridge.

• Chancellor of the Exchequer (UK Finance Minister) July 2016-July 2019 • UK Foreign Secretary, July 2014-July 2016 • UK Secretary of State for Defence, Oct 2011-July 2014 • UK Secretary of State for Transport, May 2010-Oct 2011 • Shadow Chief Secretary to the Treasury, July 2007-May 2010 • Shadow Secretary of Statefor Work & Pensions, Dec 2005-July 2007 • Shadow Chief Secretary to the Treasury, May 2005-Dec 2005 • Shadow Minister for Local Government and Regions,2002-2005 • Shadow Trade & Industry Minister and Shadow Minister for Small Business, Sept 2001-2002 • Shadow Minister for Health, June 1998-Sept 2001 • MP for Runnymede and Weybridge, 1997-


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