Philip Hammond
latest news & developments
Facebook shares roller coaster as it rides change
Facebook says its quarterly profit climbed in the recently ended quarter, but the social network gained fewer users than analysts had expected
UK ratchets up pressure on US tech giants with new tax
The 2% tax levy on sales made by large digital companies in Britain would apply to search engines, social networks and e-commerce channels
Britain eyes higher growth in Brexit year
Britain has ramped up its economic growth outlook for next year, when the country will exit the European Union
Britain readies last annual budget before Brexit
Concern is mounting that Britain will exit the EU in March without a deal in place with Brussels
‘The Olympics will be secure: we’ll get missiles’
After reports of US security fears at the 2012 London Olympics, the UK has said it might deploy surface-to-air missiles to ensure safety at the Games.