Britain's Chancellor of the Exchequer Philip Hammond made the controversial comments in an interview on the sidelines of International Monetary Fund meetings in Washington. PA
Britain's Chancellor of the Exchequer Philip Hammond made the controversial comments in an interview on the sidelines of International Monetary Fund meetings in Washington. PA
Britain's Chancellor of the Exchequer Philip Hammond made the controversial comments in an interview on the sidelines of International Monetary Fund meetings in Washington. PA
Britain's Chancellor of the Exchequer Philip Hammond made the controversial comments in an interview on the sidelines of International Monetary Fund meetings in Washington. PA

Hammond says EU is "the enemy" over Brexit


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Britain's chancellor Philip Hammond sought to quell accusations from within his Conservative Party that he is taking too soft an approach to Brexit and said the European Union represented “the enemy” in the negotiations.

Hammond, who has come under increasingly hostile fire from supporters of a tough approach to splitting Britain from the EU, told Sky News television that it was time for the Conservatives to end their in-fighting over the Brexit talks.

“I understand that passions are high, I understand that people have very strong views about this, but we are all going to the same place, we all have the same agenda,” he said in an interview on the sidelines of International Monetary Fund meetings in Washington.

“The enemy, the opponents, are out there on the other side of the table. Those are the people that we have to negotiate with. We have to negotiate hard to get the very best deal for Britain,” Hammond said.

He subsequently apologised for his comments on Twitter, admitting it was a "poor choice of words".

Hammond infuriated pro-Brexit newspapers this week and was criticised by some Conservatives including former chancellor Nigel Lawson for not agreeing to spend money now on preparations for the possibility of Britain leaving the EU without a deal.

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Speaking to media in Washington on Friday, Hammond declined to say whether he would vote for Brexit if there were a second referendum. Hammond campaigned for Britain to remain part of the EU ahead of the June 2016 vote.

Echoing Prime Minister Theresa May’s own reticence on the issue, Hammond declined to say how he would vote if another referendum were held now. “We’ve had the referendum,” he told the BBC. “You know how I voted in it.”

Earlier this week May declined to answer a similar question, stoking concerns among Brexit supporters that she is not fully committed to taking Britain out of the EU.

On Thursday May’s spokeswoman said the Prime Minister had full confidence in Hammond.

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Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

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