Chancellor Philip Hammond to 'reset' fiscal policies

Chancellor Philip Hammond has confirmed he will "reset" the Government's fiscal policies in next month's Autumn Statement, with a new "pragmatic" plan which allows greater scope for investment to boost the economy.
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... read more