Philip Hammond

Britain will try to keep as many aspects of its EU membership in place as possible during a transition period of up to three years after Brexit, finance minister Philip Hammond said on July 28.

The British government should agree an implementation period for curbs to immigration from the European Union after Britain leaves the bloc to allow businesses time to adapt, a committee of lawmakers said in a report published on July 21.

Free movement of European citizens in the UK will last for at least two years after the Brexit as part of the transitional agreement, Reuters reported.

Finance minister Philip Hammond said on July 16 that Britain will take responsibility for the money it owes the EU after leaving the bloc, as he acknowledged the cabinet was split over Brexit.

British finance minister Philip Hammond said on June 20 the world's fifth-biggest economy faced tough times as it tries to avoid a damaging "cliff-edge" departure from the European Union.

The Queen has officially signed the Brexit bill into law, paving the way for Prime Minister Theresa May to trigger Article 50 and initiate Britain’s formal exit from the European Union.

Britain's first post-Brexit budget will focus on infrastructure and could spell an end to the previous government's rigid fiscal targets, according to a treasury statement released on Nov. 20.

The budget will be new finance minister Philip Hammond's first set-piece since replacing George Osborne who resigned following the June vote.

Britain needs a new fiscal plan to navigate economic turbulence caused by Britain's vote to leave the European Union, finance minister Philip Hammond said on Oct. 3, stressing the need to balance spending cuts with infrastructure investment.

British Foreign Secretary Philip Hammond says Russia represents a threat to everyone.

The reason, Hammond explained, is the country's "disregard for international norms."

Philip Hammond confirmed on Thursday that the London government has a positive stand concerning Kosovo’s UNESCO membership.

Secretary of State for Foreign and Commonwealth Affairs of Great Britain Philip Hammond confirmed on Thursday that the London government has a positive stand concerning Kosovo’s UNESCO membership.