Philip Hammond has been a lifelong conservative and was appointed Chancellor of the Exchequer in July 2016. With the Budget around the corner here are a few things may not have known.
Mr Hammond is the second richest conservative member in the cabinet. He has a net worth of £8.2m. He is thought to have made his millions from stakes within health care and nursing homes development along with consultancy work.
His business career has been across manufacturing, consultancy, property, construction, oil and gas, both in the UK and abroad.
He first got involved with politics when he volunteered in the General Election campaign in Westminster North in 1979.
When he was Defence Secretary he announced in 2011, women would be allowed on Submarines. Women began their service on Submarines in 2013.
At Oxford University he studied politics, economics and philosophy at University College, Oxford.