Autumn cash boost hint from Chancellor
Business bosses in the North East have given a lukewarm reception to Chancellor Philip Hammond’s hint that he might turn on the spending tap in this autumn’s Budget.
Mr Hammon’s Commons statement yesterday came as positive public finance figures pointed to “light at the end of the tunnel” following years of austerity but, in a low-key spring statement, he resisted pressure from Labour for an immediate boost to public service funds.
Shadow chancellor John McDonnell branded him “complacent” for making hospitals, schools and police wait another eight months for relief.
Ross Smith, director of... read more
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