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Leading article

What is the point of Philip Hammond?

27 October 2018

9:00 AM

27 October 2018

9:00 AM

What is the point of Philip Hammond? Most chancellors have an agenda, but it’s hard to discern any purpose or direction from the current one. Gordon Brown’s project was to oversee the largest expansion of government spending in peacetime history — which he achieved, albeit with ruinous results. George Osborne spoke about trying to wind this programme back.

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