GBP News 

Why Hammond’s Brexit war chest is smaller than it looks

“A tantalising glimpse of a golden future is on offer, if MPs play their cards right” writes Tim Wallace for Easy cash is within their grasp, just waiting to be unlocked.Philip Hammond dangled the prospect of £26.6bn before their eyes, telling Parliament that if they behave themselves and back a Brexit deal the taps can be turned on.The ‘end of austerity’ can turn from simply an end to restraint into a new age of cash for all. “If we leave the EU with a deal and an orderly transition to a future economic partnership we will see a ‘deal dividend,” Hammond told the Commons in his announcement-light statement. Britain can expect “an economic boost from recovery in business confidence and investment and a fiscal boost…

Related posts