Background

Chris Philp MP worked for McKinsey before establishing businesses in finance, travel, and housing. He was recognised for his work, being awarded London’s Emerging Entrepreneur of the Year by Ernst & Young in 2003. He also set up a charity which provided mentoring from successful businessmen to youngsters across London, helping them to create their own business plans. He served as Chairman of the Bow Group, a Conservative Party think tank, from 2004-05.

Political Career

Philp has held a series of ministerial positions since his election to Parliament in 2015, including at the Department for Digital, Culture, Media and Sport (2021-22), the Home Office (2020-21), the Ministry of Justice (2019) and the Ministry of Housing, Communities and Local Government (2019-20). He is also no stranger to the Treasury, having previously served as Parliamentary Private Secretary to Sajid Javid MP while he was Chancellor.

View on portfolio

"Philp takes on the Treasury's second most important job, which includes responsibility for spending reviews, public sector pay and pensions as well as infrastructure spending. Following his appointment, he committed to working with colleagues across Government to 'deliver good value for UK taxpayers’ hard-earned cash'.

His connection to business has influenced his career as a MP, having led a campaign to cut business rates for small businesses whilst a backbencher. His efforts were successful, with the policy featured in the 2018 Autumn Budget. The-then Chancellor, Philip Hammond, personally thanked Philp for his efforts.

In 2016, he wrote 'Restoring Responsible Ownership', a report on corporate rules which recommended greater shareholder control over company directors’ appointments and pay. He also authored the report 'Work for the Dole: A proposal to fix welfare dependency', published by The Taxpayers’ Alliance in 2013. His report called for mandatory participation in community work and training in return for the continued payment of benefits payments"