Chancellor Philip Hammond to 'reset' fiscal policies

Chancellor Philip Hammond to 'reset' fiscal policies
 

Since Theresa May became Prime Minister in July, both she and Mr Hammond have made clear that they will ditch George Osborne's target to get the UK's finances into surplus by 2020 - a goal which the former chancellor himself acknowledged was unlikely to be attainable following the referendum vote for Brexit.
But Mr Hammond will use a high-profile speech to the Conservative annual conference in Birmingham to signal that this does not mean an end to the age of austerity inaugurated by Mr Osborne in 2010.
The new plan will continue th e "task of fiscal consolidation" begun under his... read more

 
3 October 2016 in Regional West, Views: 41
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