Philip, how’s Brexit going? With the help of a Boris Johnson aide, Hammond is back in business.
PHILIP HAMMOND is back in business and has been “assisting” Boris Johnson’s old assistant, Sir Lynton Crosby, with a for-profit social housing venture.
On the new London-based firm Municipal Partners, Lord Hammond is collaborating with the veteran political strategist. The concept intends to lease properties to local governments in need of social housing.
Lord Hammond is thought to have already spoken with local authorities in England, notably Barking and Dagenham, which has a waiting list of around 7,000 homes.
The firm will purchase former council homes that were sold under the Conservatives’ right-to-buy program.
“The business is at an early stage of development and is considering prospective projects with a number of local authorities,” Lord Crosby told the Times of the idea.
“Former Chancellor Philip Hammond has been supportive of our business idea and has aided us in implementing our model.
“We expect to complete arrangements for him to take over as chairman of the company soon and play a key role in achieving our social goals.”
Sir Philip was an outspoken opponent of a no-deal Brexit, describing it as a “betrayal” of the 2016 referendum vote.
“Most people in this country, whether they supported Depart or Remain in 2016, want to see us leave in a peaceful and orderly fashion that will not disrupt lives, cost jobs, or decrease living standards,” Sir Philip wrote in the Times in 2019.
“Parliament faithfully reflects the majority’s views and will speak up on their behalf.
“A no-deal Brexit would be a betrayal of the referendum outcome of 2016.” It must not take place.”
Sir Philip came under fire in February after a former No10 aide alleged he was envious of Prime Minister David Cameron.
Former Joint Chief of Staff Nick Timothy said the former Chancellor is now the “best possible advertisement” for abolishing the House of Lords.
“Unable to resist jabbing at Leave-supporting politicians, envious of Boris Johnson, ignorant of Parliament, contemptuous of ordinary people, resistant to public opinion, reluctant to concede the reality of what Brexit must mean, incredulous that Theresa May, a woman he believed his inferior, could become Prime Minister, he details a fantasy of what Brexit must mean,” Mr Timothy wrote in the Daily Telegraph.
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