"As my hon. Friend knows, we have signed off the Truro funding decision, and I am sure she is happy about that. The Prime Minister has made it very clear that dealing with the challenges in the housing market is a priority for the Government, and in the spending review …..." Lord Hammond of Runnymede - View Speech
"I think the hon. Gentleman has sketched a highly unlikely scenario, but I can answer his question. We have built up about £26 billion or £27 billion of fiscal headroom, and the purpose of that headroom is precisely to protect the UK economy from the immediate effects of a possible …..." Lord Hammond of Runnymede - View Speech
"We are committed to investment in infrastructure. One of the things that I have done in my three years as Chancellor is move the balance of spending towards investment in economic infrastructure, and we now have the highest level of public capital investment for 40 years. We have a National …..." Lord Hammond of Runnymede - View Speech
"My principal focus is to ensure the continued resilience of the UK economy and public finances at this time of uncertainty. Thanks to the hard work of the British people, our national debt is now falling sustainably for the first time in a generation, but it is still too high …..." Lord Hammond of Runnymede - View Speech
"We have done so: by 2023-24 we will be spending an extra £34 billion a year on the national health service. That is a record cash injection to our national health service, which represents this Government’s commitment to it...." Lord Hammond of Runnymede - View Speech
"Yes, it is a vital cornerstone of our institutional structure that the Bank of England remains independent, and those who have suggested that they would seek to politicise appointments to the Bank of England would be doing a great disservice to this country and our economy...." Lord Hammond of Runnymede - View Speech
"There are many people who could comment on spending commitments that have been made by candidates in the Tory leadership competition, but the right hon. Gentleman is not one of them...." Lord Hammond of Runnymede - View Speech
"That is very kind of the right hon. Gentleman; I much prefer this little red book to the one he gave my predecessor, although I have to say that I have not read this one and I have read the other one.
"The hon. Gentleman is right to point to storm clouds over the global economy. We tend to focus on Brexit-related issues and the domestic agenda, but I have just come back from the G20 in Osaka, and looking more widely, we can see that global growth is slowing and that …..." Lord Hammond of Runnymede - View Speech
"We made an announcement this morning about our plans for green finance. Over the coming months and years, it will be essential to demonstrate how we are able to mobilise our capital markets and the instruments of a market economy to deliver on this huge enterprise. If we do not …..." Lord Hammond of Runnymede - View Speech