A company owned by the former chancellor Philip Hammond has declared an increased dividend of £600,000, after working for clients including the government of Saudi Arabia, Companies House filings suggest. Accounts for Matrix Partners Ltd, set up by the Conservative peer after he left office , indicate that the consultancy business has performed strongly thanks to its work for private sector clients and the Saudi regime. The filings suggest Matrix has generated pre-tax profits of at least £2.5m since it was incorporated in January 2020. The business proposed a dividend of £500,000 last year but increased the planned payout to £600…
