What is going to be in the 2017 Budget?



2017-03-05T20:13:30.450Z
2017-03-05T20:13:30.450Z

Philip Hammond. mrgarethm

What is Philip Hammond, Chancellor of the Exchequer, going to announce in his Budget?

Philip Hammond, Chancellor of the Exchequer, wrote in an article in the Sunday Times that there would be no spending spree before the UK leaves the EU. He wrote:

"There are calls for huge spending sprees. That approach is confused, reckless and unsustainable."

In interviews he has indicated that he will invest £500m into setting up a new "T-Level" qualification for 16 to 19-year-olds who want technical qualifications. He has also indicated he will address the increasing crisis in social care for elderly people - local councils are struggling to meet the rising costs and he is expected to put £1.3bn into meeting these costs.

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