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Philip Hammond’s consultancy firm made almost £1m in profit

Filings cover period ex-chancellor worked for controversial clients including Saudi government

The former chancellor Philip Hammond’s private consultancy has generated almost £1m in profits while working for controversial clients including the government of Saudi Arabia, company filings suggest.

Accounts filed this month suggest the Conservative peer has built a lucrative business since leaving government in 2019 providing “advisory services” to an array of private sector and foreign government clients.

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