Spring statement 2018: Upgraded growth and borrowing sees Philip Hammond hint at spend boost

The Chancellor is signalling improved economic figures will see him announce extra cash for public services later this year.

By Greg Heffer, Political Reporter and John-Paul Ford Rojas, Business Reporter

Philip Hammond offered the prospect of a boost to public spending later this year as he presented upgraded growth forecasts and predictions of falling inflation, debt and borrowing in his spring statement.

The Chancellor declared there is "light at the end of the tunnel" after years of belt-tightening, as he rejected his "Eeyore" nickname and announced himself "positively Tigger-like" about UK's...
source: The Sky News

2018-03-13 18:11
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