Philip Hammond Faces A Tricky Balancing Act For This Year`s Budget
(World News UK)

On Monday 29 October, Chancellor Philip Hammond will deliver the Budget. This will be the first Monday budget since 1962 – but it will stand out for more important reasons. Mr Hammond faces big challenges. Of course, Chancellors have often been dealt a tricky hand – but this year’s Budget promises to be an even more difficult circle to square. Pressures on public spending will bump up against the government’s overall target to eliminate the deficit by the mid-2020s. And with Brexit uncertainty still weighing heavily on the economy, there’s little prospect that growth will make these trade-offs disappear. “Ending austerity�? In her party conference...