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Spreadsheet Phil’s missed opportunity

The danger to our prosperity is not Corbyn but Brexit—though you wouldn’t know it from the Chancellor’s speech today

By Paul Wallace  

Hammond delivers his speech to Conservative Party Conference in Manchester. Photo: Han Yan/Xinhua News Agency/PA Images

Since the general election, Philip Hammond has emerged as one of the voices of sanity in Theresa May’s fractious and weak government. The chancellor of the exchequer took the lead in urging a softer approach to Brexit, in particular by seeking a transition period after Britain leaves the EU in March 2019, which broadly preserves the status quo. His efforts bore fruit in May’s speech in Florence ten days ago, which did…

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