Philip Hammond

Friday, Apr 19, 2024 | Last Update : 09:28 AM IST

Ministers are weighing the possibility of a new tax policy based on the amount of business a company does in a country, not where it is headquartered.

'Hurry up!': G20 urged to speed up tax on tech giants

While there were gaps on exact system, the policymakers agreed there needed to be a global approach to taxing the tech giants.

08 Jun 2019 12:05 PM

Chancellor Philip Hammond and Home Secretary Amber Rudd have struck a deal to raise the Home Office budget from 707 million pounds to 757 million pounds in 2018. (Photo: AP)

London to increase counter-terror spending by 50 million pounds

The rise follows warnings from police and security services of a step change in the threat from Islamist terrorism in 2017.

17 Dec 2017 6:51 PM

Theresa May would return to Brussels later in the week for fresh talks, Hammond said, after an agreement on Monday was scuppered by objections from a pro-British party in Northern Ireland to plans for the Irish border. (Photo: AP)

Britain still ‘very confident’ of Brexit divorce deal: finance minister

‘This is a very complex set of negotiations, there are many moving parts in it, there are many parties involved,’ Philip Hammond said.

05 Dec 2017 6:44 PM

Why Philip should be a role model

Princess Diana recorded some tapes with a therapist and they are now public.

07 Aug 2017 2:32 AM

British Prime Minister Theresa May. (Photo: File)

UK PM Theresa May to warn cabinet ministers over top-level leaks: Spokesperson

May’s grip on control of her cabinet, which is divided over Brexit, has been severely weakened by last month’s election result.

17 Jul 2017 6:35 PM

Britain's Chancellor Philip Hammond arrives at the Treasury in Whitehall, London, after Downing Street said that Theresa May is to leave her most senior Cabinet team in place following a disastrous election which left the party short of a majority in parliament. (Photo: AP)

UK's Hammond says economy should be priority in Brexit talks

The talks are taking place three months after Prime Minister Theresa May formally triggered the two-year Brexit timetable.

16 Jun 2017 5:14 PM

Former Liberal Democrat Cabinet minister Ed Davey demonstrates with campaigners against British Prime Minister Theresa May’s social care policy, or ‘Dementia Tax’, in London on Friday. (Photo: AFP)

May mulls new finance minister as battle looms

Conservative Party’s lead over Labour shrinks to 5 points, shows new opinion poll.

03 Jun 2017 2:51 AM

UK trade delegation heads to India after Brexit trigger

Britain is now looking to strike new trade deals over the coming years with non-EU countries.

02 Apr 2017 10:49 AM

Of ‘dad dancing’ and cursed chancellors

Philip Hammond has made a sorry mess by rescinding a budget promise.

20 Mar 2017 2:21 AM

Philip Hammond, Britain’s finance minister

Acrimonious EU divorce on cards, warns minister

Chancellor of exchequer says Brexit talks will be tough.

06 Jan 2017 2:14 AM

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Mohan Guruswamy