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Budget news – LIVE: Philip Hammond’s claim that ‘austerity is coming to an end’ to face fierce scrutiny

Philip Hammond‘s pledge that “austerity is coming to an finish” will face fierce scrutiny immediately as MPs and economists ship their verdict on the Budget.

The chancellor sought to strike an upbeat tone with a multi-billion pound giveaway, which included early tax cuts for hundreds of thousands of employees, minimal wage rises and the choice to plough some £1bn into the troubled common credit score scheme

A number of impartial thinktanks are poised to run the rule over his feedback concerning the finish of austerity, whereas MPs will scrutinise the claims throughout what guarantees to be a fiery Commons debate.

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Austerity will proceed for 5 extra years if Britain crashes out of the EU with no deal, Philip Hammond signalled, in a Finances warning to MPs threatening to vote down Theresa Could’s Brexit plans.

 

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