Why is the chancellor so bullish about the economy?



Chancellor Philip Hammond predicted a bright future for the UK in his first Spring Statement - but why was he in such an upbeat and jovial mood?
Well Mr Hammond predicted a rise in growth and a fall in inflation, borrowing and debt.
He told MPs: "We have made solid progress towards building an economy that works for everyone,"
Mr Hammond said the economy had grown every year since 2010, adding that the Office for Budget Responsibility had confirmed growth of 1.7% was achieved in 2017, higher than its 1.5% forecast in last autumn's Budget.
The OBR also revised its growth forecast... read more

 
13 March 2018 in Business, Views: 39
Source: BBC
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