The Chancellor Philip Hammond will deliver an update on the UK economy. What can we expect?
As anyone who has to complete tax returns will know, January is a bumper month for payments.This means the government is on track to have a smaller deficit this financial year.
Many have seen their funds plummet once inflation is taken into account since 2010, and services cut as a result.While the uncertainty over the outcome of Brexit remains, he can't afford to.4. The economy is on go-slow Part of the downgrade will be down to disappointing business investment in the wake of the referendum, and part reflecting an unexpected slowdown elsewhere, particularly in the likes of Germany and Italy.Will there be the"deal dividend" that the chancellor has touted before, that is, a rebound in corporate and consumer spending if and when the uncertainty lifts? .5.
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