Philip Hammond

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The Chancellor will say if Brexit is not sorted soon there is a ‘real risk’ of a new PM shifting to a no-deal stance.

Chancellor Philip Hammond will decide on the future of one pence and two pence coins in the spring statement this week.

Philip Hammond says Mrs May will stick it out as prime minister until she has seen the UK leave the European Union.

Hammond said the government had 'no red lines' ahead of talks with Labour.

The Chancellor said there is a "credible case" for a referendum on any Brexit deal passed, and that it deserves to be tested in Parliament.

The Treasury insist the statement is no longer a ‘fiscal event’ after Mr Hammond shifted the Budget to the autumn.

Philip Hammond was expected to meet Chinese vice premier Hu Chunhua, but Treasury sources said the trip was never confirmed.

"Remarkably resilient"- that's the chancellor's assessment of the performance of the economy in 2018.

The Chancellor has suggested a potential Brexit delay as the Government may 'need a little bit more time' to get a deal.

Philip Hammond insisted he would help deliver a deal by "forging a compromise" with the European Union