Philip Hammond hints at public spending increases later this year

Philip Hammond hints at public spending increases later this year
 

Philip Hammond has dropped the broadest possible hint that he will announce spending increases later this year as he sought to use a modest improvement in the public finances to indicate more money was on the way for hard-pressed public services.
The chancellor seized on new forecasts from the Office for Budget Responsibility showing a £5bn drop in the government’s budget deficit to say that he expected to have scope to act in his autumn budget. Hammond was accused of “astounding complacency” by the shadow chancellor, John McDonnell, but said higher spending had to be accompanied by further... read more

 
13 March 2018 in World News, Views: 50
Source: Guardian
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