Philip has had a distinguished career in British politics as a Member of Parliament from 1997 to 2019. He held a range of Senior cabinet posts, most recently serving as Chancellor of the Exchequer from 2016 to 2019. Prior to this, he served as Foreign Secretary (2014-2016), Defence Secretary (2011- 2014) and Transport Secretary (2010-2011). He was awarded a life peerage by Her Late Majesty The Queen in July 2020.
Before entering Parliament in 1997, Philip had a wide-ranging business career spanning the house-building and property, healthcare equipment and oil and gas sectors.
As Chancellor of the Exchequer, Philip focussed on the long-term productivity challenges facing the UK economy and was a strong advocate for the Financial Services sector, and especially for the fast-growing Fintech sector. He championed the cause of SMEs and the need for greater access to long-term growth capital to allow successful British start-ups to scale up in the UK, rather than seeking capital overseas.
Philip is Chairman of Copper Technologies (UK) Ltd, a company specializing in financial services trading infrastructure.