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Philip Hammond pulls out of Mansion House speech Philip Hammond pulls out of Mansion House speech
(35 minutes later)
Philip Hammond, the Chancellor, has pulled out of delivering the annual Mansion House speech on Thursday night because of the Grenfell Tower fire. Philip Hammond, the Chancellor, has pulled out of delivering the annual Mansion House speech on Thursday night because of the Grenfell Tower fire that killed at least 17 people on Wednesday.
"In view of the Grenfell Tower tragedy, I have withdrawn from giving the Mansion House speech tonight, " he tweeted."In view of the Grenfell Tower tragedy, I have withdrawn from giving the Mansion House speech tonight, " he tweeted.
"My thoughts are with the local community.""My thoughts are with the local community."
The speech was set to have been studied for clues on the government's approach to the Brexit talks. The City of London Corporation has decided to cancel the event.
A spokesperson said: "In the light of the tragedy at Grenfell Tower we are cancelling tonight's Mansion House Dinner. Our thoughts are focussed with the victims and their families and friends."
Figures including Bank of England governor Mark Carney and the Lord Mayor of the City of London, Andrew Parmley, had been due to attend the Bankers and Merchants Dinner along with the chancellor.
A Treasury spokesman said Mr Hammond would deliver the speech intended for the Mansion House dinner in the near future.A Treasury spokesman said Mr Hammond would deliver the speech intended for the Mansion House dinner in the near future.
He was set to appear at the Bankers and Merchants Dinner alongside figures including Bank of England governor Mark Carney and the Lord Mayor of the City of London, Andrew Parmley. His address was set to offer clues on the government's approach to the Brexit talks.
The chancellor had been expected to say that £48bn of funds from the European Union's investment bank would not be put at risk following Brexit.The chancellor had been expected to say that £48bn of funds from the European Union's investment bank would not be put at risk following Brexit.