Spring Statement: What were the key points?

Spring Statement: What were the key points?
 

Chancellor Philip Hammond has updated Parliament on the state of the economy and the nation's finances. Here are the main points from his Spring Statement.
Economy Growth forecast for 2018 revised upwards from 1.4% to 1.5% 1.3% growth forecast for 2019 and 2020 left unchanged Inflation forecast to fall from 3% now to 2% by end of year Wages expected to rise faster than prices over the next five years UK economy at turning point - Hammond Why is chancellor so bullish about economy? Public finances Government forecast to borrow £45.2bn in 2017-8, £4.7bn lower than predicted in November... read more

 
13 March 2018 in Politics, Views: 45
Source: BBC
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