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		</div><p>UK Chancellor Philip Hammond said he was disappointed that only Rory Stewart had signed up to a Tory leadership campaign pledge on the public finances.</p>
<p>Mr Hammond warned that the leadership race could lead to candidates promising to spend “money they don’t have” on eye-catching initiatives.</p>
<p>The Chancellor has called on the leadership rivals to commit to keeping the national debt falling every year, and to maintain the current limit of the deficit at 2% of GDP at least through 2021-22.</p>
<p>At an event in the City of London he told the Press Association: <em>“It is a disappointment to me that only one of the candidates remaining in the race, Rory Stewart, has actually signed up to that pledge.</em></p>
<p><em>“I would urge the other candidates to do so, to reassure the public that our hard-won reputation for fiscal responsibility is not going to be squandered during the course of this competition.”</em></p>
<p>The favourite in the race, Boris Johnson, has promised to extend full-fibre broadband to every home in the country within five years, nine years ahead of the Government’s 2033 target.</p>
<p>The UK’s largest broadband infrastructure provider Openreach said providing full fibre technology to the whole of the UK “isn’t quick or easy” and would require a £30 billion investment.</p>
<p>Mr Hammond said: <em>“The ambition to roll out full fibre broadband more quickly is a noble ambition, and I share it.</em></p>
<p><em>“But we have worked very hard with the industry partners to get the fastest possible rollout agreed.</em></p>
<p><em>“I am not sure that trying to go faster than is technically sensible is going to deliver appropriate returns to the economy.”</em></p>
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