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Philip Hammond was 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 have served 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, Hammond took charge of the British economy at a time of unprecedented uncertainty.
He strongly held the view that nobody voted for Brexit with a view to becoming poorer or less secure, and thus believed the best way of delivering the result of the referendum was 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 continued to do so after 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.
Hammond has focused in international fora 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 decarbonization; 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, Hammond 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, Hammond built strong links with the U.S. and other allied counterparts, both civilian and military, and was a frequent visitor to Afghanistan during the campaign.
Hammond retains a close interest in the strategic challenges facing the Western Alliance and then interrelationship between economic and strategic influences.
Hammond 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 stepped down as a Member of Parliament for Runnymede and Weybridge in November 2019 after 22 years serving the Surrey constituency.
*In partnership with London Speaker Bureau
A Moderated Conversation with Rt. Hon. Philip Hammond
The Rt. Hon. Philip Hammond draws on his abundant experience as a key member of the British Government, having served under both David Cameron and Theresa May, to speak on the global economic outlook and trade, Brexit referendum, and the state of politics on the world stage.