mo4ch:>Hammond: Treasury not the 'enemy of Brexit'
Hammond: Treasury not the 'enemy of Brexit'
21 June 2018
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Getty Images
The Treasury is not "the enemy of Brexit", Chancellor of the Exchequer Philip Hammond has insisted.In a speech in the City of London, Mr Hammond said the UK needed to protect patterns of trade with the EU that had been "built over decades".The chancellor also used his Mansion House speech to confirm taxes will have to go up to boost spending on the NHS.But he said the increase would be partly funded by lower contributions to Brussels post-Brexit. In the past the chancellor has come under fire from supporters of Brexit.
Earlier this month Foreign Secretary Boris Johnson called the Treasury "the heart of Remain", in comments to a private dinner. However, addressing a City audience on Thursday, Mr Hammond said the "immediate key" to the UK and London's economic success was "ensuring we get a good Brexit deal".UK borrowing falls more than expected
U…
21 June 2018
Image copyright
Getty Images
The Treasury is not "the enemy of Brexit", Chancellor of the Exchequer Philip Hammond has insisted.In a speech in the City of London, Mr Hammond said the UK needed to protect patterns of trade with the EU that had been "built over decades".The chancellor also used his Mansion House speech to confirm taxes will have to go up to boost spending on the NHS.But he said the increase would be partly funded by lower contributions to Brussels post-Brexit. In the past the chancellor has come under fire from supporters of Brexit.
Earlier this month Foreign Secretary Boris Johnson called the Treasury "the heart of Remain", in comments to a private dinner. However, addressing a City audience on Thursday, Mr Hammond said the "immediate key" to the UK and London's economic success was "ensuring we get a good Brexit deal".UK borrowing falls more than expected
U…