Philip Hammond

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Last quote by Philip Hammond

The challenge for us is making sure that the million-odd people in the UK who drive for a living, over the next 10, 20 years or so, as driverless vehicles come in, are able to retrain and reskill so they can take up the many, many new jobs that this economy will be throwing up.feedback
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NEW Nov 23 2017
Philip Hammond has been quoted 440 times. The one recent article where Philip Hammond has been quoted is Budget focus on skills and technology aims to bolster UK productivity. Most recently, Philip Hammond was quoted as having said, “A new tech business is founded in Britain every hour. And I want that to be every half hour.”.
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Philip Hammond quotes

NEW Nov 22 2017

The typical basic rate tax payer will be £1,075 a year better off compared to 2010.feedback

NEW Nov 22 2017

When we came into office the personal allowance stood at £6,475. From April, I will increase the personal allowance to £11,850, and the higher rate threshold to £46,350 - making progress towards our manifesto commitments.feedback

NEW Nov 22 2017

Knowledge of maths is key to the hi-tech, cutting-edge jobs in our digital economy. But it is also useful in less glamorous roles, such as frontline politics.feedback

NEW Nov 22 2017

My Scottish Conservative colleagues have persuaded me that the Scottish people should not lose out because of the obstinacy of the SNP government.feedback

NEW Nov 22 2017

Multinational digital businesses pay billions of pounds in royalties to jurisdictions where they are not taxed. And some of these royalties relate to UK sales.feedback

NEW Nov 22 2017

This will mean a bottle of whisky will be £1.15 less in 2018 than if we had continued with Labour's plans, and a pint of beer 12p less.feedback

NEW Nov 22 2017

I want to address the issue of empty properties. It can't be right to leave property empty when so many are desperate for a place to live. So we will give local authorities the power to charge a 100pc council tax premium on empty properties.feedback

NEW Nov 22 2017

We took over an economy with the highest budget deficit in our peacetime history. Since then, thanks to the hard work of the British people, that deficit has been shrinking and next year will be below 2 percent. But our debt is still too high. We understand the frustration of families where real incomes are under pressure.feedback

NEW Nov 22 2017

The UK led the world on climate change agreements, and is a pioneer in protecting marine environments.feedback

NEW Nov 22 2017

Now I want us to become a world leader in tackling the scourge of plastic, littering our planet and our oceans.feedback

NEW Nov 22 2017

We do not underestimate the scale of the challenge, but today we have made a substantial down-payment.feedback

NEW Nov 22 2017

With effect from today, for all first-time buyer purchases up to 300,000 pounds, I am abolishing stamp duty altogether.feedback

NEW Nov 22 2017

The negotiations on our future relationship with the European Union are in a critical phase. We have already invested almost £700 million in Brexit preparations and today I am setting aside over the next two years another £3 billion.feedback

Nov 21 2017

We are heavily constrained fiscally. We don't have huge amounts of room for manoeuvre. But we do have some room.feedback

Nov 21 2017

Put simply, successive governments over decades have failed to build enough homes to deliver the home-owning dream that this country has always been proud of. In areas where first-time buyers are competing with investors for homes, no stamp duty to pay will give them more purchasing power. But where they're competing with each other it just means they have more cash with which to make an offer.feedback

Nov 21 2017

Our future vehicles will be driverless, but they'll be electric first. And that's a change that needs to come as soon as possible.feedback

Nov 21 2017

This is our plan to deliver on the pledge we have made to the next generation, that the dream of homeownership will become a reality in this country once again. I'm clear that we need to get to 300,000 units a year if we are going to start to tackle the affordability problem with the additions coming in areas of high demand. We will not allow the current young generation to be the first since the Black Death not to be more prosperous than its parents' generation.feedback

Nov 21 2017

We understand the frustration of families where real incomes are under pressure. So, at this budget, we choose a balanced approach.feedback

Nov 21 2017

All local authorities and housing associations must carry out any identified necessary safety works as soon as possible. If any local authority cannot access funding to pay for essential fire safety work, they should contact us immediately. As I have said before, we will not let financial constraints get in the way of essential safety work.feedback

Nov 21 2017

Following the tragedy at Grenfell Tower, the government is determined to ensure that those affected receive the support they need.feedback

Nov 21 2017

Don't let anyone say I don't know how to show the country a good time.feedback

Nov 21 2017

No white van man (or woman) will be hit by these measures.feedback

Nov 21 2017

I know that Jeremy Clarkson doesn't like them, but there are also other reasons to pursue this technology.feedback

Nov 20 2017

Some would say that's a bold move, but we have to embrace these technologies if we want the U.K. to lead the next industrial revolution.feedback

Nov 19 2017

The debt I'm taking on almost doesn't feel real. You're talking about such big numbers and you're so young. It's tough to take.feedback

Nov 19 2017

In London alone there are 270,000 residential planning permissions that have not, today, been built. We need to understand why these planning permissions, that are going up all over the country and will continue to increase across the country, why they are not being built out. We will intervene to make sure that they are. We will use money, we will use the powers of the state, we will use the power of the planning system, but we are determined to get those missing homes built.feedback

Nov 19 2017

We have a huge advantage across a whole range of new technologies which will transform our lives. If we want to ensure prosperity in the post-Brexit world we have to embrace these, to create the high paying jobs of tomorrow.feedback

Nov 19 2017

We will make our proposals to the European Union in time for the Council.feedback

Nov 19 2017

We hope that it will be agreed, certainly in principle, that the big elements of it will be agreed before March 2019 so that everybody knows where we are going.feedback

Nov 19 2017

Where are all of these unemployed people? There are no unemployed people because we have created three and a half million new jobs since 2010.feedback

Nov 18 2017

I don't contest for one moment that the NHS is under pressure. We have been doing some very careful work with the Department of Health, with the NHS, to look at where those pressures are, to look at the capital needs of the NHS, to look at where the particular pressure points around targets are. And we will seek to address those in a sensible and measured and balanced way.feedback

Nov 18 2017

The UK wants a customs arrangement with the EU that facilitates the freest and most frictionless trade in goods possible.feedback

Nov 18 2017

Nobody would be in politics if they didn't have a desire to change people's lives for the better. Of course I didn't mean [there is no unemployment]. There's 1.4 million unemployed people in this country and that's 1.4 million too many. But we have record low levels of unemployment. It hasn't been this low since the 1970s.feedback

Nov 18 2017

But the point I was making to your former colleague Andrew Marr is that previous waves of technological change have not resulted in millions of people being long-term unemployed. They have been reabsorbed into the workforce.feedback

Nov 18 2017

It's a simple choice: either we embrace change or we try to hide from change and we allow ourselves to slip behind ... I remember 20 years ago we were worried about what would happen to a million shorthand typists in Britain as the personal computer took over. Nobody has a shorthand typist these days. Where are all these unemployed people? There are no unemployed people. We have created 3.5m jobs since 2010. This economy has become a jobs factory.feedback

Nov 18 2017

There are no unemployed people.feedback

Nov 17 2017

If the UK raised its productivity by one percentage point every year, within a decade it would add £240bn to the size of the economy – £9,000 for every household in Britain.feedback

Nov 15 2017

But we have done a lot of work on this and next week we will start to set out our plan for addressing the housing challenges in this country, making sure that the next generation has the same opportunities as their parents did for home ownership and the accumulation of personal wealth through assets.feedback

Nov 02 2017

We will continue with the abolition of Class 2 NICs from April 2018. The cost of the changes I am announcing today will be funded by measures to be announced in the Autumn Budget.feedback

Nov 02 2017

Elisabeth has had an impressive career in financial services and will deliver invaluable experience to the FPC's work. I wish her well in her new role.feedback

Oct 27 2017

We have to live in the real world.feedback

Oct 24 2017 - Brexit

Last week at the European council, the 27 agreed to start internal preparatory discussions on guidelines in relation to an implementation period. Together with broad support for the idea in parliament, this should give British businesses confidence we are going to provide them with the certainty they require.feedback

Oct 24 2017 - Brexit

Whilst we are preparing for all outcomes in our negotiations, the government's objective is to reach a deal. As part of that deal, we want to agree an implementation period during which businesses and governments can prepare for the new relationship and we want to agree the principles of that period as soon as possible.feedback

Oct 21 2017 - OECD

This is my first Autumn Statement as Chancellor. I have decided that it will also be my last, . Mr Speaker, I am abolishing the Autumn Statement.feedback

Oct 21 2017 - OECD

We have made good progress on employment and the deficit, but it is by boosting productivity that we can raise living standards further.feedback

Oct 16 2017 - Brexit

We want to keep the product at a good price for the consumer because we know that wallets are thinner, but we've had slight price increases in line with inflation.feedback

Oct 15 2017

Business rates produce about £25bn of tax revenue. This is a straight issue of priorities. If we reduce the taxable base it would be quite a large hit to the yield from business rates, and that revenue would either have to be found elsewhere or would be matched by cuts in public expenditure.feedback

Oct 14 2017 - Brexit

But, bluntly, we also have to consider the possibility of a bad-tempered breakdown in negotiations where we have non-cooperation, and, worst-case scenario, even a situation where people are not necessarily acting in their own economic self-interest. So we need to prepare for a wide range of scenarios.feedback

Oct 14 2017 - Brexit

If it is [that we move to] a World Trade Organisation regime with no deal, there are then two further potential levels that you have to consider. One is no deal – WTO – but a friendly agreement that we are not going to reach a deal, but we will work together to cooperate to make things run as smoothly as possible.feedback

Oct 14 2017

The taper rate on universal credit is 63 pence in the pound. This is an outrageous tax rate of 63% on net earnings for some on the lowest incomes. The chancellor needs to look at this again in the budget, as it simply cannot be justified. It is a barrier to encouraging people to work more hours, as they only keep a few pennies for every extra pound they earn.feedback

Oct 13 2017 - Brexit

The enemy, the opponents, are out there on the other side of the table. Those are the people that we have to negotiate with. We have to negotiate hard to get the very best deal for Britain.feedback

Oct 13 2017 - Brexit

Nigel Lawson is entitled to his opinion on this and many other subjects and that's his privilege. We are planning for the full range of options right down to a potentially non co-operative exit. This is not a binary issue of deal or no deal. There could be a wide range of outcomes falling short of a comprehensive trade and security deal but leaving scope for future co-operation with the EU. We have already spent half a billion on Brexit preparations and will spend more as and when necessary.feedback

Oct 13 2017 - Brexit

I think that is a bizarre observation. I am very optimistic about the future of the UK economy. It is fundamentally strong.feedback

Oct 13 2017 - Brexit

The Treasury and other departments are planning for a full range of outcomes, from a free trade and collaboration agreement right the way through to a breakdown. I am working for a Brexit that works for Britain. That is my full focus.feedback

Oct 11 2017

The only way we will settle the so-called Phase 1 issues, is to set them in a broader context of the UK's future relationship with the EU.feedback

Oct 11 2017

Some are urging me to spend money simply to send a message to the EU that we mean business. I think the EU knows that we mean business. They know that we are planning for a no deal scenario, that we have to do that.feedback

Oct 11 2017 - Brexit

I don't believe we should be making potentially nugatory spending until we need to do so.feedback

Oct 11 2017

As Chancellor of the Exchequer, it is my duty to be realistic about these challenges, and to carefully navigate the economy through this process in a way that protects our jobs, supports our businesses, underpins the prosperity of working families, and secures our public finances for decades to come.feedback

Oct 11 2017 - Brexit

We also have to consider the possibility of a bad-tempered breakdown of the talks where we have non-cooperation.feedback

Oct 11 2017

We do expect a response from our EU partners. We have set out a fair and generous proposal to the EU. We don't want them to immediately stand up and say, we agree to everything you're proposing. We simply want them to say, yes, let's sit round the table, and let's look at the issues we will need to debate in order to get to a future partnership arrangement, via a transitional or interim period.feedback

Oct 11 2017 - Christmas

But as we move through 2018 its value to everybody will diminish significantly. And I think our European partners need to think very carefully about the need for speed in order to protect the potential value to all of us of having an interim period.feedback

Oct 11 2017 - Brexit

We have made the running in this and we really need our European Union partners to engage ... We are not asking them to sign up. We are not asking them to write blank cheques. We are simply asking them to start talking to us.feedback

Oct 11 2017

Every pound spent on a hard customs border is a pound that can't be spent on the NHS or tackling the deficit. I think we do have a fundamental underlying problem about productivity growth in the UK economy.feedback

Oct 05 2017 - GCHQ

A proper balance is being struck between the need to keep Britain safe and the protection of individuals' privacy. The ability to exploit computer networks plays a crucial part in our ability to protect the British public. Once again, the law and practice around our security and intelligence agencies' capabilities and procedures have been scrutinised by an independent body and [have] been confirmed to be lawful and proportionate.feedback

Oct 03 2017

It cannot be left to one political party to make the case for the market economy. We do not expect big business, PLC business, to engage in party political debate. We do not expect PLCs to support political parties.feedback

Oct 03 2017

But I do expect them to support the case for the market and I do not expect business to pull its punches in making the case for the market economy that has doubled our living standards in the last 35 years.feedback

Oct 02 2017 - Brexit

We must resolve the short term challenge of uncertainty around this process by accelerating the talks and delivering a time-limited interim period of around two years for our businesses to adjust.feedback

Oct 02 2017 - Labour Party

It's a wicked and cynical business offering superficially simple solutions to complex challenges.feedback

Oct 02 2017 - Labour Party

Let them put their arguments, let them make their case. We will take them on. And we will defeat them.feedback

Oct 02 2017 - Labour Party

A new generation is being tempted down a dangerous path. We have to explain why and how the market economy works and the role of competition as the consumer's friend. I think we owe it to the next generation to show how Corbyn's Marxist policies will inevitably lead us back to where Britain was in the late 1970s. It was a resolutely negative agenda of failed ideas, dredged up from a bygone era. But they say politics is about the clash of ideas. So we say to Corbyn: 'Bring it on.feedback

Oct 02 2017 - Brexit

Boris' position on these issues are well known. I back the prime minister in what is a very complex and delicate negotiation with our European Union partners to deliver Britain's exit in the way the British people have mandated us to do.feedback

Sep 25 2017 - Scottish independence

There definitely will be a flow of powers back to the devolved administrations. Scotland will end up with more powers than it has today as a result of leaving the European Union.feedback

Sep 25 2017 - Brexit

Personally, I think one should be cautious at a time of uncertainty, and there is uncertainty, created by the Brexit process itself, there's uncertainty created by the pressure on real incomes from the spike in inflation following the currency depreciation last year. I think one should be cautious about increasing the pressure on household incomes through taxation at a time like this.feedback

Sep 25 2017

What Paul Johnson is right in saying is if we did not negotiate a deal which enabled us to have access to the European market that would be damaging to our economy.feedback

Sep 22 2017 - Brexit

We will not accept protectionist agendas, disguised as arguments about financial stability.feedback

Sep 16 2017

There is general agreement that it would not make sense to ask business to face two sets of changes and that implies that a transition or interim period would need to look a lot like the status quo. Otherwise businesses will be making one set of changes at the beginning of the interim period and another set towards the end of it.feedback

Sep 14 2017 - Brexit

Anything that caused delay in vehicles exiting the port, delaying vehicles offloading, would cause significant disruption.feedback

Sep 13 2017

It would result in business being lost to New York and Hong Kong…it would push up fixed-rate borrowing costs for homeowners across the continent…it would push up costs for airlines hedging against fuel prices…or farmers protecting themselves from foreign exchange risk when exporting their produce.feedback

Sep 13 2017 - Fintech

We have the timezone, the language, the legal system, the talent, the capital markets, and the tech centre to succeed.feedback

Sep 13 2017

We acknowledge that there are legitimate concerns among our EU colleagues about the oversight and supervision of financial markets here in the UK that are providing vital financial services to EU firms and citizens. We will address them by making forward-leaning proposals for greater transparency, cooperation, and agreed standards based on international norms. But, let me be clear, we will not accept protectionist agendas, disguised as arguments about financial stability. It is my priority as chancellor to ensure that the UK remains the financial services centre of the world.feedback

Sep 12 2017 - Brexit

I do think there's a significant difference between a graduate who leaves university with a, perhaps, quite significant level of debt and a well-recognised degree in an area [that] is known to provide strong employment opportunities; and a graduate on the other hand who perhaps has a very similar level of debt but who may not have a degree that is going to enhance his or her employment opportunities in the same way.feedback

Sep 12 2017 - Brexit

The obvious impediment to such an arrangement is the desire to conclude third-party trade agreements with other countries. We have been clear during such a period we would want to be able negotiate with third countries but we would not expect to be able to implement them. That clears the way to have a harmonised customs agreement.feedback

Sep 12 2017 - Ryanair

Anyone who's visited Dover will know that Dover operates as a flow-through port and volumes of trade at Dover could not be accommodated if goods had to be held for inspection. Even, I suspect, if they were held for minutes it would still impede the operation of the port.feedback

Sep 04 2017 - Brexit

I'd say to backbenchers who are thinking about seeking to amend or delay the withdrawal bill, that now is not the time to disrupt this vitally important piece of enabling legislation. We are making progress in our discussions with the European Union. We are mapping out a course for Britain's future. I am confident that we will be able to achieve the kind of strategic partnership that we want with the European Union as an independent country post Brexit in 2019.feedback

Sep 02 2017

Recent media reports on the status of the review of gaming machines and social responsibility measures are entirely without foundation. Both I and my department fully support DCMS's work to ensure the UK's gambling regime continues to balance the needs of vulnerable people, consumers who gamble responsibly, and those who work in this sector. I appreciate your concerns about gambling related harm, and I welcome the work that the Church of England is doing in this area.feedback

Aug 13 2017 - Brexit

We believe a time-limited interim period will be important to further our national interest and give business greater certainty – but it cannot be indefinite; it cannot be a back door to staying in the EU.feedback

Aug 13 2017 - Brexit

We are also clear that during this period our borders must continue to operate smoothly; goods bought on the internet must still cross borders, businesses must still be able to supply their customers across the EU, and our innovative, world-leading companies must be able to hire the talent they need, including from within the EU.feedback

Aug 06 2017

Consumers are being affected by the inflation that was created by the depreciation of the currency in the autumn of last year. That will pass through the economy, but I absolutely recognise it's painful as it's passing through the economy.feedback

Jul 31 2017 - Immigration

People have talked about a year, two years, maybe three years.feedback

Jul 31 2017 - British elections 2017

I think there's a broad consensus that this process has to be completed by the scheduled time of the next general election which is in June 2022. So a period of at the most three years in order to put these new arrangements in place and move us on a steady path without cliff edges from where we are today to the new long-term relationship with the European Union.feedback

Jul 31 2017 - London

The amount of tax that we raise, measured as a percentage of GDP, is within the European average and I think we will remain at that level. Even after we have left the EU, the United Kingdom will keep a social, economic and cultural model that will be recognisably European.feedback

Jul 31 2017 - Brexit

We will seek to build up our trade in both directions with those partners over the coming years, as we leave the EU, and once again have the ability to conclude bilateral trade deals with friends and allies around the world.feedback

Jul 31 2017 - Wall Street

They will either keep working as they do today, or they will move their activities back to Wall Street, which is particularly attractive given that the U.S. administration is in favor of deregulation and cutting taxes.feedback

Jul 30 2017 - Brexit

If they come here to work after we leave the European Union, during that transitional period, the sensible approach will be to seek to register people so that we know who's coming and who's going.feedback

Jul 28 2017 - Brexit

The question is, what happens next. It will be some time before we are able to introduce full migration controls between the UK and the European Union.feedback

Jul 28 2017 - Brexit

What people in this country want to know is that the day after leaving the EU they are able to go about their business. They will want to know that when they go to the supermarket, French and Spanish produce will be on the shelves in the normal way. They will want to know that if they want to travel to Europe or go on holiday, they'll be able to go the airport, get on a plane and fly to their destination. The government's job is to make sure that our economy can go on functioning normally.feedback

Jul 26 2017

This is a steady performance in the second quarter, we've grown for four and a half years, we've created record levels of employment, so we should be proud of that, but we shouldn't be complacent.feedback

Jul 26 2017 - Brexit

I have said that I think it is going to be more than months, it is going to be a couple of years, probably, something in that range. It possibly could. I think this is something we will want to discuss with our European Union partners.feedback

Jul 26 2017 - Brexit

We hope to have achieved that milestone by September or October, and we then expect to be able to go on to talk about this broader range of issues.feedback

Jul 26 2017

We need to focus on restoring productivity growth to deliver higher wages and living standards for people across the country. That is why we are committed to investing in infrastructure, technology and skills to deliver the best possible base for strong future growth.feedback

Jul 26 2017 - Brexit

One of the ways of kick-starting stronger growth in the economy is to give businesses and consumers a bit more certainty about the next few years. A transition period, an interim structure with the European Union would give businesses and consumers that degree of certainty.feedback

Jul 20 2017 - Brexit

No deal would be a very, very bad outcome for Britain.feedback

Jul 20 2017 - Brexit

In victory, you deserve Champagne. In defeat, you need it.feedback

Jul 18 2017 - Brexit

In an issue as important to our nation's future as our exit from the European Union, I welcome any opportunity to build consensus across the House (Parliament) and across the nation. My focus is ensuring that we get a Brexit deal that protects our existing patterns of trade and commercial engagement with the European Union, as well as over time allowing us to explore new opportunities beyond the European Union.feedback

Jul 17 2017 - Brexit

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, I've tried to advance ensuring that we achieve a Brexit that is focused on protecting our economy, protecting our jobs and making sure that we can have continued rising standards in the future.feedback

Jul 17 2017

It depends how long we need to put in place new customs systems, new migration systems – these things can't be magicked up overnight.feedback

Jul 16 2017 - Brexit

The way to get the economy moving, the way to restore business confidence and then consumer confidence, is to give as much clarity as possible as early as possible, which is why I have been talking over the last four or five weeks about the importance of a transition arrangement.feedback

Jul 07 2017 - Brexit

My preference is that we negotiate a transitional structure.feedback

Jul 07 2017 - Brexit

I'm glad that the business community is exercising a voice in this discussion. I think that's helpful. If we lose access to our European markets, that will be an instant effect, overnight, and to people who are looking to us to protect jobs, economic growth, living standards, they won't thank us if we deliver them an instant hit with only a longer term slowly building benefit to compensate.feedback

Jul 07 2017 - Brexit

We've got a job to do. I expect that the public will take the view, does take the view, that the Government has been elected, it's formed an administration, and now we should stop navel-gazing and get on with the job in hand, deliver Brexit, get the very best deal we can for Britain.feedback

Jul 07 2017

So the answer is that we want to get an agreement with the EU that protects as much of our trade arrangements as possible, but at the same time allows us as much leeway as we can get to open up new markets for UK goods and services.feedback

Jul 07 2017 - Brexit

To people who are looking to use to protect jobs, economic growth, living standards, they won't thank us if we deliver them an instant hit with only a longer term, slowly building benefit to compensate for it.feedback

Jul 07 2017 - Single market

It would be madness not to seek to have the closest possible arrangement. I'm glad that the business community is exercising a voice in this discussion. I think that's helpful.feedback

Jul 07 2017 - Brexit

There's a significant constituency of people who voted to remain in the EU but have accepted the decision, but what they want to see is a Brexit that looks sensible to them.feedback

Jul 04 2017

Our policy on public sector pay has always been designed to strike the right balance between being fair to our public servants, and fair to those who pay for them. That approach has not changed; and we continually assess that.feedback

Jul 04 2017

We should stop having this debate in public, it's ludicrous. I did manage to eliminate the deficit altogether when I was chancellor and the economy did very well indeed.feedback

Jun 27 2017 - Democratic Party

I campaigned and voted for Britain to remain in the EU. But I am a democrat and I accept the decision of the British people.feedback

Jun 27 2017 - Brexit

Because in the end, the question is not whether to have cake, or eat it or even who has the largest slice, the question that matters is whether we can be smart enough to work out how to continue collaborating together, to keep the cake expanding, for the benefit of all. The first is an outcome risk: that somehow we allow petty politics to interfere with economic logic, and we end up with a suboptimal solution that fails to maximise our mutual benefit.feedback

Jun 22 2017 - Twitter

When you buy a house you don't necessarily move all your furniture in on the first day you buy it.feedback

Jun 22 2017 - Northern Ireland

We don't agree on everything but on the big issues about the union, about the need to grow our economy and to spread the benefits of that growth across all corners of the United Kingdom, on the need to be strong on defense and counter-terrorism and all of these important areas we agree.feedback

Jun 22 2017 - Northern Ireland

I am confident that we will be able to come to an arrangement with them (the DUP) to support the government in the key areas of its program.feedback

Jun 20 2017 - Brexit

But it must be done in a way that works. In a way that prioritises British jobs and underpins Britain's prosperity.feedback

Jun 20 2017 - Brexit

We are already hearing protectionist agendas being advanced, disguised as arguments about regulatory competence, financial stability, and supervisory oversight. We can have no truck with that approach.feedback

Jun 20 2017 - Brexit

Our departure from the EU is under way. But ensuring that it happens via a smooth pathway to a deep and special future partnership with our EU neighbors, one that protects jobs, prosperity, and living standards in Britain will require every ounce of skill and diplomacy. ...Yesterday was a positive start. It will get tougher. But we are ready for the challenge.feedback

Jun 20 2017 - Brexit

Third, these arrangements must be permanent and reliable for the businesses regulated under these regimes.feedback

Jun 20 2017 - Brexit

We saw such a concern articulated in the EU's proposal on supervision of CCPs last week. We must, and we will, engage with all genuine concerns.feedback

Jun 20 2017 - Brexit

Second, cooperation arrangements must be reciprocal, reliable, and prioritize financial stability. Crucially they must enable timely and coordinated risk management on both sides.feedback

Jun 19 2017 - Brexit

If we are going to radically change the way we work together, we need to get there via a slope not via a cliff edge.feedback

Jun 19 2017

I would have liked to have highlighted our economic record, and I think if we had focused on that we probably would have done better in the election than we did.feedback

Jun 19 2017 - Single market

The question is not whether we are leaving the customs union, the question is what do we put in its place in order to deliver the objectives which the prime minister set out.feedback

Jun 19 2017 - Brexit

Theresa is leading the government and I think the government needs to get on with the job.feedback

Jun 19 2017 - Article 50

My clear view, and I believe the view of the majority of people in Britain, is that we should prioritize protecting jobs, protecting economic growth, protecting prosperity as we enter those negotiations and take them forward.feedback

Jun 19 2017 - French Election Results

I am delighted to appoint Professor Silvana Tenreyro as the new external member of the Monetary Policy Committee at the Bank of England. I am confident that Professor Tenreyro will be a strong addition to the MPC, bringing a wealth of economic experience and academic rigour to the Committee's deliberations.feedback

Jun 18 2017

If there is something that needs to be done to make buildings safe, it will be done. These are technical questions.feedback

Jun 18 2017

My understanding is the cladding in question, this flammable cladding which is banned in Europe and the US, is also banned here. This material should not be used as cladding on buildings over 18metres in height.feedback

Jun 18 2017

If it is, it should be done, but let's get the technical advice, properly evaluated by a public inquiry, and then let's decide how to go forward. These are technical questions.feedback

Jun 18 2017

We have never said we won't raise some taxes. Overall, we are a government that believes in low taxes and we want to reduce the burden of taxes overall for working families.feedback

Jun 18 2017

I'm not going to speculate about what happened inside the campaign leadership team. The end result is that in my judgement we didn't talk about the economy as much as we should have done.feedback

Jun 18 2017 - British elections 2017

We will look at all these things. Obviously we are not deaf. We heard a message last week in the General Election and we need to look at how we deal with the challenges we face in the economy.feedback

Jun 18 2017

I understand that people are weary after years of hard work to rebuild the economy after the great crash of 2008-09, but we have to live within our means.feedback

Jun 18 2017 - Brexit

When I talk about a Brexit that supports British jobs, British investment and British business I mean a Brexit that avoids those cliff edges.feedback

Jun 18 2017

We have looked, obviously, at those recommendations and what has happened to them. My assessment is that we have responded correctly and appropriately to those recommendations.feedback

Jun 18 2017

We're leaving the EU, and because we're leaving the EU we will be leaving the single market and by, the way, we'll be leaving the customs union. The question is not whether we're leaving the customs union. The question is what do we put in its place in order to deliver the objectives which the prime minister set out in the Lancaster House speech of having no hard land border in Ireland and enabling British goods to flow freely backwards and forwards across the border with the European Union.feedback

Jun 18 2017 - Brexit

No deal would be a very bad outcome. No deal would be a very, very bad outcome for Britain, but there is a possible worse outcome and that is a deal that is deliberately structured to suck the lifeblood out of our economy over a period of time.feedback

Jun 18 2017

If the conclusion of a proper technical evaluation is that [fitting sprinklers] is the best way to deal with the problem, then of course. But my understanding is that the best advice is that retrofitting sprinklers may not always be the best technical way of ensuring fire safety in a building.feedback

Jun 18 2017

Not at all. It was a very bitter one. Is your relationship with the the prime minister back on track?feedback

Jun 18 2017

It is clearly very much on our agenda ... that as soon as possible we will start talking about implementation phases so that we can be clear to business, to investors that there will not be a cliff edge.feedback

Jun 18 2017

Did it take too long? Did we handle it in the correct way? The inquiry will determine that.feedback

Jun 16 2017 - Brexit

As we go into that negotiation, my clear view and I believe the view of the majority of the people in Britain is that we should prioritize protecting jobs, protecting economic growth and protecting prosperity. I can confirm as we enter the negotiations next week we will do so in the spirit of sincere cooperation taking a pragmatic approach trying to find a solution that works both for the UK and the European Union at 27.feedback

Jun 16 2017 - Article 50

We've set out our position in the speech Prime Minister made at the Lancaster Hhouse earlier this year and in our long and detailed article 50 letter.feedback

Jun 16 2017 - Article 50

We are just about to start the negotiation. We set out very clearly our desired outcome in the prime minister's Lancaster House speech and in the article 50 letter that we've sent. But it is a negotiation. And as we go into that negotiation, my clear view and I believe the view of the majority of people in Britain is we should prioritise protecting jobs, protecting economic growth and protecting prosperity as we enter those negotiation and taking them forward.feedback

Jun 16 2017 - Brexit

But it is a negotiation. And as we go into that negotiation, my clear view and I believe the view of the majority of people in Britain is we should prioritise protecting jobs, protecting economic growth and protecting prosperity as we enter those negotiation and taking them forward.feedback

Jun 15 2017

Investors need certainty in order to continue to support the UK economy and create jobs as we leave the EU. That is why we will fortify the vital financial support that helps businesses to grow - from cutting edge start-ups right through to large scale infrastructure projects.feedback

Jun 14 2017 - French Election Results

It's going to be difficult, there's no doubt about that, but perhaps an opportunity to consult more widely with the other parties on how best we can achieve it.feedback

Jun 02 2017

Of course I would, that's a silly question. We have a very big challenge ahead of us and I believe I can play a part in that, as all of my colleagues can.feedback

May 29 2017 - China

China and the UK have a long and rich trading history. Indeed, the English first attempted to find a trade route to China in the 16th century although it took us four decades to find one.feedback

May 29 2017 - China

Britain can be a natural partner in delivering infrastructure in Belt and Road countries by supporting the finance and planning needed.feedback

May 17 2017

I do occasionally swear, I wasn't referring to any particular conversation but I do occasionally swear.feedback

May 17 2017 - London

The top one per cent of income earners pay 27 per cent of all the income tax collected in this country.feedback

May 17 2017 - London

That is a higher percentage than under the Labour government, right now today.feedback

May 17 2017

I'm not going to say I've never occasionally sworn but I work extremely well and closely with Theresa May's team. I work extremely closely with Theresa. We have got a huge job to do here. We are getting on with the job together as a team.feedback

May 17 2017

I'm not going to say that I have never occasionally sworn, but I work extremely well and closely with Theresa May's team. I work extremely closely with Theresa.feedback

May 17 2017 - Labour Party

Jeremy Corbyn cannot simply pretend that by classifying something as capital it doesn't have to be paid for. The fact is that Labour's manifesto doesn't add up. Jeremy Corbyn's numbers do not make sense. He's made £105bn of spending commitments and £47bn of tax-raising pledges, even if we accept the numbers on tax he has presented. That's a £58bn black hole which would be a blueprint for crashing Britain's economy. Investment capital as well as resource has to be paid for. It's money that has to be raised either through taxation or through borrowing. It means very soon.feedback

May 17 2017 - British elections 2017

Of course we're going to borrow for capital or infrastructure. But we've set out our fiscal rules in the autumn statement. You'll have to wait and see in the manifesto what we say about fiscal rules going forward. Theresa May has made it clear on many occasions that she believes in fiscal discipline.feedback

May 17 2017

But this is spread over 15 years. This is part of our overall investment plans for Britain, transport infrastructure, broadband infrastructure, investment in housing, research and development.feedback

May 14 2017 - China

As China drives forward the Belt and Road initiative from the east, we in Britain are a natural partner in the west, standing ready to work with all Belt and Road partner countries to make a success of this initiative. As we embark on a new chapter in our history, as we leave the European Union, we want to maintain a close and open trading partnership with our European neighbours, and at the same time pursue our ambition to secure free trade agreements around the world with new partners and old allies alike.feedback

May 14 2017 - China

China and the UK have a long and rich trading history. Indeed, the English first attempted to find a trade route to China in the 16th century although it took us four decades to find one. I welcome the 'Belt and Road initiative' as an opportunity to strengthen these ties and I welcome the progress that has already been made. Our ambition is for more trade, not less trade, and China clearly shares this ambition.feedback

May 14 2017 - Brexit

Britain is ready to work with all [Belt and Road] partners.feedback

May 04 2017 - Brexit

We approach the Brexit negotiations with a spirit of goodwill and we will consider any EU proposal before we leave on its merits.feedback

May 04 2017 - London

London is the world's number one financial centre with high standards of financial supervision, including longstanding cooperation with EU institutions. This benefits the entire Continent. We trust everyone in the negotiations will see the value in not undermining that.feedback

May 04 2017 - London

London is the world's No. 1 financial center, with high standards of financial supervision, including longstanding cooperation with EU institutions. This benefits the entire continent. We trust everyone in the negotiations will see the value in not undermining that.feedback

May 03 2017 - Labour Party

The prime minister has made it clear that she will make no commitments on spending or taxation that she cannot deliver. That is the yardstick of responsibility on which all political parties should be judged – and by that yardstick, Jeremy Corbyn has failed.feedback

May 03 2017 - Labour Party

We are still dealing with the consequences of Labour's recession. All the progress we've made over the last seven years could easily be lost, if we make a wrong turn now. The only reliable way to get debt falling and to keep our country on track to a better future is to continue as we have done, reducing the deficit, so that we live within our means. Jeremy Corbyn has made clear that he takes a different view. He says that we should not be afraid of debt, or borrowing. That is exactly the attitude that got us into such extreme economic difficulty in the first place.feedback

May 03 2017 - Brexit

We are on the brink of a very tough, complex, lengthy negotiation and I am not remotely surprised that people are maneuvering for opening advantage in that negotiation.feedback

Apr 28 2017 - Labour Party

Britain's economy is forecast to grow at two percent this year. The choice facing the British people on June the 8th is between five more years of strong, stable government under Theresa May that will lock that economic progress in and get the best possible Brexit deal for Britain, or a coalition of chaos under Jeremy Corbyn that will crash our economy again.feedback

Apr 23 2017 - Brexit

The path for the budget balance has been revised going forward and it has been revised to make room for what the UK treasury calls high quality investment. The idea is to improve the growth potential of the UK economy, and to make it more resilient in the context of Brexit.feedback

Apr 22 2017

It's self-evidently clear that the commitments that were made in the 2015 manifesto did, and do today, strain the ability of the government to manage the economy flexibly.feedback

Apr 22 2017 - British elections 2017

We do need flexibility to manage the system and we do need to make sure that Theresa May and her Government have a clear mandate to execute our plan.feedback

Apr 21 2017 - G20

I think there is an appetite among G20, G7 partners to look for areas where we can demonstrate by our actions, rather than words, to the new U.S. administration how these multilateral organizations can help the U.S. administration to achieve its objectives. The new administration comes into office with, shall we say, a degree of skepticism about the value of the multilateral organizations. It's for the multilateral organizations to demonstrate their value.feedback

Apr 21 2017

So I'm not in the business of having some ideological desire to increase taxes. But I also think we need to manage our economy sensibly and sustainably.feedback

Apr 21 2017

We are now past the point where we have recovered the taxpayers' investment. We still hold a small shareholding of between 1-2% but the taxpayer has now recovered every penny of its investment in Lloyds. Recovering all of the money taxpayers injected into Lloyds marks a significant milestone in our plan to build an economy that works for everyone. While it was right to step in with support during the financial crisis, the government should not be in the business of owning banks in the long term.feedback

Apr 21 2017 - Unemployment

I'm a Conservative I didn't come into politics because I believed in higher taxes. I believe in lower taxes. And I want to see Britain as a high skill, high unemployment, high growth, low tax economy. I say low tax, I mean sensibly taxed economy. We need to address the remainder of our deficit. Get our fiscal accounts back in to balance and it's self-evidently clear that the commitments that were made in 2015 manifesto did and do today constrain the ability of the government to manage the economy flexibly.feedback

Apr 18 2017 - Scottish independence

Fair value could well be below what the previous government paid for them.feedback

Apr 18 2017 - IMF

The fundamentals of our economy are strong and we continue to invest in the skills needed for a stronger and fairer Britain ... In Washington this week I will be talking to our international partners about how we can carry on increasing global economic growth, with Britain again playing an active and engaged role in the global economy.feedback

Apr 12 2017 - Fintech

If the UK is going to make the most of the freedoms it will have after leaving the European Union we have to build trade links with the fast-growing economies of Asia, we have to invest in the skills of the future and our economy must remain at the cutting edge.feedback

Apr 12 2017 - Brexit

We need to continue to attract the brightest and the best from around the world to these shores - and we will - we also need to do better at nurturing and developmenting homegrown talent to drive our economy forward in the future.feedback

Apr 12 2017 - Fintech

We can't remain the number one place for FinTech and the other technologies of the Fourth Industrial Revolution by simply relying on our ingenuity, talent and openness. We have to go out and get the business. To make the most of the freedoms it will have after leaving the European Union the UK must build trade links with those fast-growing economies of Asia. We will have to strive and graft and fight to seize the opportunities and to make the most of them.feedback

Apr 12 2017 - Syria conflict

The British government's position has been, and will remain, to lead the way on arguing for a robust approach towards Russian aggression in Syria. We have been doing it for years and we will go on doing it. We have to make that case and we will continue making that case. Sometimes some of our partners are less forward-leaning than we are but that won't stop us making the case for what we believe is the right approach to dealing with Russia.feedback

Apr 04 2017

There are definitely some people on both sides who do not want a deal, they do not want to see Britain continuing to collaborate in what the prime minister described in a letter as a deep and special partnership with the European Union.feedback

Apr 04 2017

I can tell you with a high degree of confidence that we will come up against tensions in this process.feedback

Apr 04 2017

We hope to be able to a negotiate a deep and special relationship with the European Union that will allow us to go on trading together, go on investing in each other's economy, but at the same time, allow us to rebuild our relationships with our partners and allies around the world.feedback

Apr 04 2017 - Immigration

My analysis is that the concern that there has been in the UK over recent years over migration levels is based on a concern about the impact that this is having on the wages of the lower-skilled in the UK. In that context we can have a very sensible dialogue with our Indian partners. Although we occasionally hear people in India say India doesn't get a fair crack of the whip, the truth is we issue more visas to Indians than we do to all other nationalities put together.feedback

Apr 04 2017 - Immigration

We have a legal system and a governance system that is visibly in the same mould, and that does make some things a lot easier.feedback

Apr 02 2017

The UK is perfectly placed to be India's financial partner of choice, helping it to raise the finance needed for its continued rapid growth and my message will be 'Make in India, finance in the UK.feedback

Apr 02 2017

As we leave the EU and embark on an exciting new phase of our economic history, looking to boost our trade and investment beyond the borders of Europe and strengthening our relationships with the world's most vibrant economies is more important than ever.feedback

Mar 31 2017

We are determined to return the financial assets we own to the private sector and today's sale is further proof of the confidence investors have in the UK economy.feedback

Mar 29 2017

I'm very confident we will not get an outcome that is a worst case outcome for everyone. That would be ridiculous. We are going to get a deal. The question is about the shape and nature of that deal and making sure that we are able to protect Britain's vital national interests.feedback

Mar 29 2017

It's like negotiating to buy a house. If you're not willing to walk away then they will push you and push you. We understand that we can't cherry pick, that we can't have our cake and eat it,that by deciding to leave the European Union and negotiate a future relationship with the EU as an independent nation, there will be certain consequences of that. And we accept those. What you can assume is that everybody in the EU and UK is going into this negotiation looking to protect their own interests. It is not in the interests of anyone on the continent of Europe to have lines of trucks.feedback

Mar 29 2017

We focus, resolutely, on getting the very best possible arrangements for Britain's future relationship with the European Union as part of our plan for building Britain's global future, both in terms of our international trade and business partnerships, but also in terms of our ambitious plans for reform of our economy and our society at home.feedback

Mar 29 2017

It has to be a deal that works for Britain and for its European Union partners, that's the only way you can get a deal done. But I'm confident as we've explored over the last nine months with our EU partners that we have a sufficient meeting of minds on this issue.feedback

Mar 29 2017

Everybody in the EU and the UK is going to go into this negotiation looking to protect their own interests. It is not in the interests of anybody on the continent of Europe to have lines of trucks. It is not in the interests of the millions of EU workers who spend their days producing goods to be sold in the UK. It is not in the interests of French farmers who produce fresh produce coming into the UK every day that there are lines of trucks. So I am very confident that we will not get an outcome that is a worst case outcome for everybody. That would be ridiculous.feedback

Mar 29 2017

We all have the same agenda. We are all seeking to get the best possible deal for Britain.feedback

Mar 29 2017

Of course they can come here after today. We remain full members of the EU with all the obligations and all the rights of membership.feedback

Mar 29 2017

We can't have our cake and eat it. When I sit around the negotiating table in the months ahead, I will represent every person in the whole United Kingdom – young and old, rich and poor, city, town, country and all the villages and hamlets in between. And yes, those EU nationals who have made this country their home. It is my fierce determination to get the right deal for every single person in this country. For, as we face the opportunities ahead of us on this momentous journey, our shared values, interests and ambitions can – and must – bring us together.feedback

Mar 29 2017

Of course, we have plans for day one after leaving the EU with a huge variety of different outcomes. But we are very clear what we are seeking to do is negotiate a deep and special relationship with the EU .feedback

Mar 26 2017

Longer-term I would like the community pharmacy market to follow trends we have witnessed in other retail markets. This might include a shift away from the traditional bricks-and-mortar business model towards scaled-up, innovative supply solutions employing digital technology, where Government expenditure is minimised.feedback

Mar 25 2017

But the system is clearly under pressure. And this in turn puts pressure on our NHS. Today, there are half a million more people aged over 75 than there were in 2010. And there will be 2 million more in ten years' time.feedback

Mar 18 2017 - Uber

We recognise that for many parents the cost of travel can be a barrier to exercising that choice. Pupils typically travel three times as far to attend selective schools, so we will extend free school transport to include all children on free school meals who attend a selective school because we are resolved that talent alone should determine the opportunities a child enjoys.feedback

Mar 16 2017

Trust matters in politics. And this Conservative government sets great store in the faith and trust of the British people.feedback

Mar 15 2017

He is clearly not in that inner circle. There has been huge, huge damage done by the Treasury when it briefed against Downing Street. You don't brief against the boss.feedback

Mar 15 2017

In light of the debate over the last few days, it is clear that compliance with the 'legislative' test of the manifesto commitment is not adequate.feedback

Mar 15 2017

It is very important both to me and to the prime minister that we are compliant not just with the letter but also the spirit of the commitments that were made.feedback

Mar 11 2017

We will not raise VAT, National Insurance Contributions or Income Tax.feedback

Mar 10 2017

I would like to see this kept under review. I would like to see the ball kept in play.feedback

Mar 10 2017

This doesn't actually land until next year, so there is plenty of scope to look at how this actually affects [the self-employed] and listen to business representatives.feedback

Mar 10 2017

They had a consultation that reported in July, and now the response is to have another consultation. Why we need another one I'm not sure.feedback

Mar 09 2017

We are navigating within those confines to try to prepare Britain for Brexit. We are embarking on a journey here, leaving the European Union and making our way in the world, and we have to get this country match fit. As the chancellor now, I am working within an extremely constrained environment where we face some new challenges in this country.feedback

Mar 09 2017

What they failed to remind me was that 10 weeks later he was sacked, so wish me luck today!feedback

Mar 09 2017

No one objected; no one raised any issues about it. We regard that issue as dealt with – we dealt with it in 2015.feedback

Mar 09 2017

No one objected, no one raised any issues about it. We regard that issue as dealt with – we dealt with it in 2015. As the chancellor now, I am working within an extremely constrained environment where we face some new challenges in this country.feedback

Mar 09 2017

At this point in our cycle we have to be prudent, we have to make sure that we've got fuel in the tank as we go through this next couple of year period so that we're resilient, our economy is resilient, we can deal with anything that comes along. I don't accept that at all. We strongly support small businesses.feedback

Mar 09 2017

No one objected, no one raised any issues about it. We regard that issue as deal with – we dealt with it in 2015. What I had to address yesterday was the challenge of financing our National Health Service, financing social care, and investing in skills for Britain's future. We are embarking on a journey here, leaving the European Union and making our way in the world, and we have get this country match fit.feedback

Mar 09 2017

In the summer when the roads are full of 4x4s, Southwold is seen as a rich town. It is not at all rich.feedback

Mar 08 2017

A strong economy needs a fair, stable and competitive tax system, creating the growth that will underpin our future prosperity.feedback

Mar 08 2017

Reflecting the recent strength in the economy, the OBR has upgraded its forecast for growth this year from 1.4 percent to 2.0 percent. To make the UK even more attractive for R&D we have accepted industry calls for a reduction in administrative burdens around the scheme.feedback

Mar 08 2017

As we start our negotiations to exit the European Union, this Budget takes forward our plan to prepare Britain for a brighter future. It provides a strong and stable platform for those negotiations.feedback

Mar 08 2017

Such dramatically different treatment of two people earning essentially the same undermines the fairness of the tax system. The lower National Insurance paid by the self-employed is forecast to cost our public finances over 5 billion pounds this year alone.feedback

Mar 08 2017 - Driverless cars

They don't call it the last Labour government for nothing.feedback

Mar 08 2017 - Driverless cars

Jeremy Corbyn is now so far down a black hole that even Stephen Hawking has disowned him.feedback

Mar 08 2017

My ambition is for the UK to be the best place in the world to start and grow a business.feedback

Mar 08 2017 - British economy

Today's OBR (Office for Budget Responsibility) report confirms the continued resilience of the British economy. I report today on an economy that has continued to confound the commentators with robust growth.feedback

Mar 08 2017

And third, I will provide local authorities with a £300 million fund to deliver discretionary relief to target individual hard cases in their local areas.feedback

Mar 08 2017

I have listened to concerns on business rates. We cannot abolish but we have to find better way of taxing digital businesses. The revaluation has undoubtedly raised some hard cases, especially for those businesses coming out of Small Business Relief. So today, as I promised many of my Right Honourable Friends I would, I address those concerns with three measures which apply to the national business rates system for England. First, any business coming out of Small Business Rate Relief will benefit from an additional cap.feedback

Mar 08 2017

No business losing small business rate relief will see their bill increase next year by more than £50 a month and the subsequent increases will be capped at either the transitional relief cap or £50 a month, whichever is higher. Second, recognising the valuable role that local pubs play in our communities, I will provide a £1,000 discount on business rates bills in 2017 for all pubs with a Rateable Value of less than £100,000 – that's 90 per cent of all pubs.feedback

Mar 08 2017

I recognise the challenges you are facing in Surrey, and the apparently harsh treatment that the funding formula delivers, and I will take this up with Sajid Javid.feedback

Mar 08 2017

This happens every year, involves councils making representations to the government, and has always been the process.feedback

Mar 08 2017

This will resolve the inconsistency where UK VAT is applied to mobile phone use by UK residents when in the EU, but not when outside the EU. This will bring UK VAT rules into line with the internationally agreed approach.feedback

Mar 08 2017

Since 2010, we have secured £140bn in additional tax revenue by taking robust action to tackle avoidance, evasion and non-compliance. But there is more that we can do. We will introduce a tough new financial penalty for professionals who enable a tax avoidance arrangement that is later defeated by HMRC.feedback

Mar 08 2017

Amongst the major advanced economies, Britain's growth in 2016 was second only to Germany.feedback

Mar 08 2017 - Pepsi

Unusually for a chancellor I am delighted to announce a reduction in the expected yield of a tax, the soft drinks levy. Producers are already reformulating sugar out of their drinks, which means a lower revenue forecast for this tax.feedback

Mar 08 2017

The difference in national insurance contributions is no longer justified by the difference in benefits entitlement. Employed and self-employed alike use our public services in the same way, but they are not paying for them in the same way.feedback

Mar 08 2017

The system is clearly under pressure. And this in turn puts pressure on our NHS. Today, there are half a million more people aged over 75 than there were in 2010, and there will be 2m more in 10 years' time.feedback

Mar 08 2017 - Twitter

Employed and self-employed alike use our public services in the same way but they are not paying for them in the same way. People should have choices about how they work but those choices should not be driven primarily by differences in tax treatment.feedback

Mar 08 2017

It's not money in the wallet because we are borrowing a huge amount of money.feedback

Mar 07 2017

Investing in education and skills is the single most important thing that we can do to equip our children for the future...these announcements take the next steps in giving parents greater choice in finding a good school for their child, whatever their background.feedback

Mar 07 2017

It is important that we not only celebrate next year's centenary but also that we educate young people about its significance. It was the decisive step in the political emancipation of women in this country and this money will go to projects to mark its significance and remind us all just how important it was.feedback

Mar 06 2017 - British politics

This demonstration politics isn't helping to create a better atmosphere in British politics.feedback

Mar 06 2017

There are still some voices calling for massive borrowing to fund huge spending sprees. That approach is not only confused, it's reckless.feedback

Mar 05 2017

If your bank increases your overdraft limit, you don't want to go and spend every penny in it. We've got enough gas in the tank to see us through that journey … that seems like a sensible approach.feedback

Mar 05 2017 - Labour Party

I have no intention of doing so. Just for the record by tax affairs are all perfectly regular and up to date.feedback

Mar 05 2017

We recognise our public services are under pressure to deliver the efficiency programme we have set out. This isn't just about money. There is a case for taking a longer term view of how we fund a service which is intrinsically linked to the demographics of the population. There's a very good case for taking a strategic look in the round at how we deal with this problem in the longer term. I think that is a separate issue from dealing with the short term disparity between areas that are coping very well and areas that are struggling, I think we have to look at what the difficulties are there.feedback

Mar 05 2017

It's not money in the wallet because we're borrowing an awful lot of money. We're spending over £50bn a year just on servicing the interest on our debt. We're about to enter into a negotiation, very often when you're about to start a negotiation with people they set out very large demands and very stark positions ahead of that. The PM has been clear we are a nation that honours our obligations and if we do have any bills that fall to be paid we will obviously deal with them.feedback

Mar 05 2017

We will do whatever we need to do to make this country competitive.feedback

Mar 04 2017

This will be a fitting reminder of the ultimate sacrifice made by British men and women on D-Day for the freedoms we enjoy today. We have a duty to ensure their names will be remembered for generations to come. It is only right we support this project as we look forward to the 75th anniversary of the D-Day landings in 2019.feedback

Feb 28 2017

If unexpected changes in the economy require it, then I will, of course, announce actions at the Spring Statement, but I won't make significant changes twice a year just for the sake of it.feedback

Feb 28 2017

Consumer borrowing and consumer spending have been an important component of the robustness of the economy over the last few months. What I hope to see over the course of 2017 is business investment and exports providing a greater share of growth.feedback

Feb 09 2017 - London

Charlotte has done an excellent job as the Bank's first Chief Operating Officer. She will take over this new role at a key time for the City.feedback

Jan 27 2017

We will continue to abide by the rules, regulations and the laws of the European Union for so long as we are members.feedback

Jan 27 2017

Of course we want to strengthen our trade ties with the very many trade partners we have around the world. But we are very mindful of our obligations under the treaty and will follow them precisely.feedback

Jan 26 2017

There may be uncertainty ahead as we adjust to a new relationship with Europe.feedback

Jan 23 2017

My strong preference and my prime minister's strong preference, is that we maintain our competitiveness by remaining within the European economic mainstream, with access to the European markets and on a reciprocal basis, access for our European neighbours to our market, continuing to operate to European norms and European regulatory standards. That is our strong preference. But if we are driven out of that market, if we are denied access to our most important market, then we will for sure reinvent ourselves and create another way of being competitive.feedback

Jan 20 2017

That could be a subject for the negotiations. What we have said clearly is that we cannot accept the principle of free movement.feedback

Jan 19 2017

We have to remain competitive. The best way to do that is to have a comprehensive trading relationship with the European Union, our closest neighbours.feedback

Jan 19 2017

Nothing we see at the moment looks like a case for accessing that headroom, at the moment it's steady as she goes.feedback

Jan 19 2017 - World Economic Forum

We want to go on to be that open, welcoming society where people choose as a venue to do their business.feedback

Jan 19 2017 - World Economic Forum

Obviously we can't be in the full customs union because the restrictions that implies goes beyond the political imperatives from a UK point of view.feedback

Jan 19 2017 - World Economic Forum

But we have a lot of reasons on both sides of this discussion to want to try and maintain the most frictionless border system possible.feedback

Jan 17 2017 - Single market

We will go forward understanding that we cannot be members of the single market, because of the political red lines around the 'four freedoms' that other European leaders have set, but expressing an ambitious agenda for a comprehensive free trade arrangement with the European Union.feedback

Jan 17 2017

We will do whatever it takes to maintain our competitiveness and protect our standard of living.feedback

Jan 16 2017 - Labour Party

But if we are forced to be something different, then we will have to become something different.feedback

Jan 15 2017

In this case, we could be forced to change our economic model and we will have to change our model to regain competitiveness. We will change our model, and we will come back, and we will be competitively engaged.feedback

Jan 15 2017 - Immigration

But we are aware that the message from the referendum is that we must control our immigration policy.feedback

Jan 15 2017

Clearly we need people to come and work in our economy to keep it functioning. But we must have overall control.feedback

Jan 09 2017

Returning Lloyds to the private sector and recovering all of the cash the taxpayer injected into the bank during the financial crisis is a priority for the government.feedback

Jan 05 2017

We've spent forty years integrating our economies and now we have to separate them and there are lots of complicated things that have to be unpackaged, unbundled.feedback

Dec 16 2016 - World Trade Organization

In my view, the WTO option would not be the most favored outcome. I hope that we would be able to agree with our European partners tariff-free access but on a reciprocal basis.feedback

Dec 13 2016

I can't conceive of any circumstance in which we would use that system to choke off the supply of highly skilled, highly paid workers.feedback

Dec 08 2016

We see huge opportunities to build on what is already a very substantial collaboration, the U.K. is the biggest investor in South Africa's economy, a key trade partner. As we look to the global economy to see our future in the wider world, we certainly want to build on those established platforms that we have both for investment and for trade.feedback

Dec 07 2016

As we leave the EU, Britain's future prosperity depends on maintaining the strongest possible economic links with our European neighbours, while building on the already strong economic partnerships we have with the world beyond Europe.feedback

Dec 06 2016 - London

I think that it's in everybody's interest on both sides of the English Channel to have a smooth a process as possible that minimizes the threat to European financial stability and minimizes the disruption to the very many complex relationships that exist between European manufacturing businesses and their financing banks and so on in London.feedback

Dec 06 2016

We would look at what was on offer, we would look at the cost, and as you do with anything we would decide if that was a good deal or not.feedback

Nov 24 2016

We lag the U.S. and Germany by some 30 percentage points. But we also lag France by over 20 and Italy by eight. Which means in the real world, it takes a German worker four days to produce what we make in five, which means, in turn, that too many British workers work longer hours for lower pay than their counterparts. That has to change if we are to build an economy that works for everyone.feedback

Nov 24 2016

Which means in the real world, it takes a German worker four days to produce what we make in five, which means, in turn, that too many British workers work longer hours for lower pay than their counterparts. That has to change if we are to build an economy that works for everyone.feedback

Nov 24 2016

Tell him not to hold his breath.feedback

Nov 23 2016

Our task now is to prepare our economy to be resilient as we exit the EU and match-fit for the transition that will follow.feedback

Nov 23 2016

We choose in this Autumn statement to prioritise additional high value investment specifically in infrastructure and innovation that will directly contribute to raising Britain's productivity.feedback

Nov 23 2016

In 2017 the OBR (Office for Budget Responsibility) forecast growth to slow to 1.4 percent, which they attribute to lower investment and weaker consumer demand driven respectively by greater uncertainty and by higher inflation, resulting from sterling depreciation.feedback

Nov 23 2016

Over the course of this parliament, the government expects to more than double in real terms annual capital spending on housing.feedback

Nov 23 2016

Economically productive infrastructure directly benefits businesses, but families, too, rely on roads, rail, telecoms and especially housing.feedback

Nov 23 2016

Reliable transport networks are essential to growth and productivity.feedback

Nov 23 2016

Today we stand on the side of the millions of hardworking people in our country by cancelling the fuel duty rise for the seventh successive year.feedback

Nov 20 2016

We are highly constrained in how we can approach this. We need to do it cautiously and appropriately.feedback

Nov 20 2016

We've got to make sure that the prosperity that comes from seizing opportunities ahead is shared across the country and across the income distribution.feedback

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