Phillip Hammond to quit Government as Chancellor: 'I'm not going to be sacked - I'm going to resign'

Philip Hammond has today announced that he will resign as Chancellor before Theresa May stands down as Prime Minister next week.

Philip Hammond. Picture: SWNS.

Hammond revealed he will quit the Government before Mrs May goes to see the Queen to tender her resignation on Wednesday.

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Asked on the BBC One's Andrew Marr Show this morning (Sunday) if he thought he would be sacked, Mr Hammond said: "No, I'm sure I'm not going to be sacked because I'm going to resign before we get to that point.

Philip Hammond. Picture: SWNS.

"Assuming that Boris Johnson becomes the next prime minister, I understand that his conditions for serving in his government would include accepting a no-deal exit on the 31st October and it's not something that I could ever sign up to.

"It's very important that the prime minister is able to have a chancellor who is closely aligned with him in terms of policy and I therefore intend to resign to Theresa May before she goes to the Palace to tender her own resignation on Wednesday."

It comes after Justice Secretary David Gauke - a former Remainer - told the Sunday Times he would also quit on Wednesday if Mr Johnson enters Number 10.

Mr Gauke said: "Given that I've been in the Cabinet since Theresa May came to power, I think the appropriate thing is for me to resign to her."