How will 'box office Phil' play the Budget?
The chancellor is known by some around Westminster as "box office Phil", an ironic nickname for a politician who favours caution and prudence over showmanship and headline-grabbing pyrotechnics. So this should be Philip Hammond's sort of Budget.
The government is sticking with its aim of plugging the deficit and balancing the books. Although borrowing has fallen to its lowest level in a decade, the expected slowdown in productivity growth is likely to push future borrowing numbers back up, shrinking Mr Hammond's room to spend.
Add in the economic uncertainty around Brexit, and Mr... read more
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