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Chancellor’s Brexit brinkmanship puts the hold on

The continuing uncertainty over Brexit saw the Chancellor deliver a Spring Statement that was more holding plan than action plan. Following just one day after the latest rejection by Parliament of the government’s latest Brexit deal, there were few surprises but many cautions as Philip Hammond highlighted a range of alternative scenarios, depending on what happens with the country’s exit from the EU over coming weeks. That included a possible reversal to the ‘end of austerity’ he predicted in the Autumn 2018 Budget, with the Chancellor saying that he will…

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