Latest Issue

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 something…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect