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Meet the New Chancellor ...

... much the same as the old chancellor. "Call me Philip" Hammond didn't apply smug factor 50 before his speech to Tory party conference, but he didn't need to. Beneath the boring exterior and the truly, truly awful jokes is a politician whose programme is little different to his unlamented predecessor's. Yes, in tune with his boss's whole nation conservatism, Hammond has woken up to the role the state can play in stimulating the economy and making things a wee bit better.
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