No deal means we will have to spend the money, but not in a discretionary way - Philip Hammond

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No deal means we will have to spend the money, but not in a discretionary way

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About Philip Hammond

Philip Hammond, Baron Hammond of Runnymede PC MP (born 4 December 1955) is a British politician and life peer who served as Chancellor of the Exchequer from 2016 to 2019, Foreign Secretary from 2014 to 2016, and Defence Secretary from 2011 to 2014. A member of the Conservative Party, he was the Member of Parliament (MP) for Runnymede and Weybridge from 1997 to 2019. He retired from Parliament in the 2019 general election, after the Conservative Party withdrew the whip from him for voting against Prime Minister Boris Johnson's government on a bill extending the Brexit withdrawal date.

Also Known As

Alternative Names: Philip Anthony Hammond Mr Hammond The Lord Hammond of Runnymede
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Additional quotes by Philip Hammond

In the 2016 referendum, a promise was made to the majority who voted for Brexit - that they were voting for a more prosperous future. Not leaving would be seen as a betrayal of that referendum decision. But leaving without a deal would undermine our future prosperity, and would equally represent a betrayal of the promises that were made.

A trade deal will only happen if it is fair and balances the interests of both sides. Given the shape of the British economy, and our trade balance with the EU27, it is hard to see how any deal that did not include services could look like a fair and balanced settlement.

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If you want my opinion, some of the noise is generated by people who are not happy with the agenda that I have, over the last few weeks, tried to advance, of ensuring that we achieve a Brexit which is focused on protecting our economy, protecting our jobs and making sure that we can have continued rising living standards in the future.

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