Budget 2017: At a glance

Chancellor Philip Hammond said the Government was building the foundations of a “stronger, fairer, more global Britain” and today’s Budget provides a “strong, stable” platform for Brexit negotiations.

The state of the economy

The Office for Budget Responsibility (OBR) has raised its economic growth forecasts for this year, expecting the UK economy to grow 2% rather than 1.4%.

In 2018 growth is forecast to slow to 1.6%, then in subsequent years 1.7%, 1.9%, and back to 2% in 2021.Â... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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