Chancellor: This Is How Tories SHOULD Have Run Election Campaign

22 June 2017, 10:37 | Updated: 22 June 2017, 11:01

Philip Hammond has told LBC that the Conservatives slumped at this month's General Election because they failed to talk about their success with the economy.

Having previously said he would have preferred a different role in the election campaign, Nick Ferrari asked him what he would have liked to do.

The Chancellor said he was proud of the government's record on the economy and feels they would have had more success if they told people about it.

Nick Ferrari Philip Hammond
Picture: LBC / PA

He said: "I would have liked us to have more time in the General Election campaign talking about the economic track record, picking up an economy in 2010 which was borrowing £1 in every £5 the government was spending, that had a record high deficit and where the economy was flatlining.

"We turned that around to an economy that has created 2.9million net new jobs over seven years, reducing the deficit as a percentage of GDP by three-quarters.

"And at the same time, getting us in a position where inequality in this country is at the lowest level its been for 30 years.

"That is an incredible track record and we didn't make enough of it."

More Nick Ferrari

See more More Nick Ferrari

Education Secretary Bridget Philipson 'hasn't changed her mind' and will vote against assisted dying bill

Education Secretary Bridget Philipson 'hasn't changed her mind' and will vote against assisted dying bill

Nick Ferrari takes to the streets of the US to ask Americans: 'Can you identify these British politicians?'

Nick Ferrari takes to the streets of the US to ask Americans: 'Can you identify these British politicians?'

Why did Trump win and why did Harris lose? Nick Ferrari asks American voters

Why did Trump win and Harris lose? Nick Ferrari asks American voters in the wake of US election results

Nick Ferrari attends his first Trump rally in Pennsylvania as he meets the crowd in 'the poorest city in the United States'

Nick Ferrari attends his first Trump rally in Pennsylvania as he meets the crowd in 'the poorest city in the US'

Home Secretary Yvette Cooper has said she strongly disagrees with a tweet that a backbench MP appeared to have reposted saying Kemi Badenoch represents "white supremacy in blackface".

Cooper condemns 'appalling' tweet shared by Dawn Butler labelling Kemi Badenoch 'white supremacy in blackface'

Exclusive
Cumberland County: Where the US election could be won or lost

Nick Ferrari travels to America for the US Election: Watch the best bits here

Exclusive
The Chancellor was speaking to LBC's Nick Ferrari at Breakfast

Chancellor ‘doesn’t know’ salary of new chairman tasked with ensuring government ‘value for money'

Transparency over Southport stabbings key to avoiding 'deep public mistrust in the criminal justice system', says Jenrick

Transparency over Southport stabbings key to avoiding 'deep public mistrust' in criminal justice system, says Jenrick

Exclusive
The government has introduced its football governance bill.

'We're on the same side': Minister denies feud with Premier League over Football Governance Bill

Exclusive
Protest sign reading Danger water pollution, this water is polluted with raw sewage. The responsible party is Thames Water. River Wey, Guildford, UK

Government warns demand for water could outstrip supply as they launch review into 'broken' sector

Nick Ferrari.

'He'll look over his shoulder for the rest of his life': Concern for Martyn Blake's privacy long overdue

Exclusive
'No one gutsy enough to address this': Mylene Klass calls on government to introduce paid miscarriage leave.

Government not 'gutsy' enough to implement paid miscarriage leave claims Myleene Klass

Exclusive
David Cameron speaks to LBC

David Cameron calls for UK to sanction two Israeli ministers as change on arms embargo 'didn't satisfy anybody'

'I wouldn't do it again': Jenrick suggests regret for painting over murals at children’s asylum centre.

'I wouldn't do it again': Robert Jenrick says he regrets ordering workers to paint over murals at children’s asylum centre

Exclusive
Where did all the fish go? Feargal Sharkey uncovers dangerous blue-green algae plaguing River Wye

Where did all the fish go? Feargal Sharkey uncovers dangerous blue-green algae plaguing River Wye

UK troops in Cyprus 'ready to act' says defence secretary noting forces already play 'important' role in preventing escalation

UK troops in Cyprus 'ready to act' with forces playing an 'important' role in preventing escalation