Spring statement March 2018
Chancellor tells us that ‘There is indeed light at the end of the tunnel’
Philip Hammond, UK chancellor, has signalled an easing of austerity after a decade of severe public spending restraint in a Spring Statement. Mr Hammond described himself as “positively Tiger-like” as he presented upgraded forecasts for the economy and public finances. He claimed that the country had reached “a turning point”, with the burden of public debt forecast to start falling next year
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Our analysis of the statement can be viewed here (Opens PDF in separate window)
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