Philip Hammond, left, with another illiterate – the UK’s foreign secretary, Boris Johnson [Image: Rupert Hartley/Rex/Shutterstock].

This is just for future reference.

We all know Philip Hammond is economically illiterate – we saw his Autumn Statement last year – but it’s worth having a little evidence to prove it, so nobody can claim otherwise when his schemes crash and burn.

And they will.

The chancellor, Philip Hammond, has been described as “economically illiterate” by the head of a group of economists lobbying for the UK to ditch tariffs and embrace free trade after Brexit.

Patrick Minford, an economics professor at Cardiff University, said Hammond and other politicians risked setting the UK on a course of serious self harm if they pushed for a trade deal with the EU that put customs charges on goods and services imported to the country.

Source: Chancellor is an ‘economic illiterate’, claims pro-Brexit economist | Politics | The Guardian

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