UK chancellor of the exchequer Philip Hammond holds the red Budget box  on Monday. Photograph: EPA/Andy Rain

It’s only the day after the budget that the full extent of a chancellor’s generosity – or stinginess – tends to become apparent, once the number crunc(...)

UK chancellor Philip Hammond said “austerity is finally coming to an end” as he hailed a significant improvement in the country’s public finances. Photograph: Andy Rain/EPA UK chancellor Philip Hammond said “austerity is finally coming to an end” as he hailed a significant improvement in the country’s public finances

Technology giants Google, Facebook and Amazon will face a new digital services tax in Britain from 2020 under plans announced by chancellor of the exc(...)

Philip Hammond has broken with the tradition of delivering the autumn statement on a Wednesday – October 31st, also known as Halloween. Photograph:  Chris Ratcliffe/Bloomberg

Having to deliver a budget three weeks early is hard enough for any chancellor, let alone with Brexit looming. It’s harder still when the books don’t (...)

Britain’s chancellor of the exchequer Philip Hammond: Often referred to as Eeyore, after the depressed donkey in Winnie-the-Pooh, but on Tuesday said he felt more like the irrepressible Tigger. Photograph: Daniel Leal-Olivas/AFP/Getty Images

Philip Hammond’s determination to ensure a low-key spring statement was evident as soon as he exited the chancellor’s residence at No 11 Downing Stree(...)

Protestors dressed as “Maybots” demonstrate at the entrance to Downing Street on Wednesday following a meeting of the British cabinet ahead of the chancellor’s budget speech. Photograph: Christopher Furlong/Getty Images

Philip Hammond must have hoped that the big reveal of Wednesday’s budget – the abolition of stamp duty for first-time buyers up to £300,000 – would b(...)

Chancellor Philip Hammond: likely to be restricted from setting aside money to smooth Britain’s exit from the EU. Photograph: Matt Dunham/AFP/Getty Images

Predictions that last year’s Brexit vote would trigger a snap recession in the UK, fuelled by a conspicuous schadenfreude, proved wide of the mark. (...)

Delegates carrying pro-Brexit bags at the annual Conservative Party conference. Photograph: Carl Court/Getty Images

Productivity growth is the only thing that matters for the economy. All of the current sound and fury in the stock market, arguments over the size and(...)

UK chancellor  Philip Hammond  before giving his maiden budget speech in House of Commons on Wednesday. Photograph: Simon Dawson/Bloomberg

Philip Hammond mentioned Brexit only fleetingly in his spring statement, but Britain’s impending departure from the European Union loomed menacingly (...)

UK chancellor of the exchequer Philip Hammond and prime minister Theresa May in the British House of Commons for Mr Hammond’s maiden budget speech.

Britain’s economy will grow more quickly than expected this year but will slow down in subsequent years, chancellor of the exchequer Philip Hammond ha(...)

British chancellor of the exchequer Philip Hammond looks over his autumn statement in his office at 11 Downing Street  on Wednesday. Photograph: Stefan Rousseau/AFP/Getty Images

The autumn statement is, as Philip Hammond put it, one of the two big “fiscal events” in the British political calendar, an opportunity for the chance(...)

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