Hammond poised to halt plans to overhaul UK energy industry
Chancellor of the Exchequer Philip Hammond is blocking a set of government proposals to overhaul the UK energy industry because of the potential spending implications for a new prime minister, people familiar with the matter said.
BY BLOOMBERG NEWS, ALEX MORALES, JEREMY HODGES & JESSICA SHANKLEMEN
Chancellor of the Exchequer Philip Hammond is blocking a set of government proposals to overhaul the UK energy industry because of the potential spending implications for a new prime minister, people familiar with the matter said.
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