Budget Live OVER – Philip Hammond – take a look at key issues

Philip Hammond Chancellor


Budget live OVER – Philip Hammond: Have to embrace change – Fit for the Future 

£1.5bn to help overall wait for Universal Credit reduced from six weeks to five.

Finishes by saying a country fit for the future

Abolishing Stamp Duty for all first-time buyers for properties up to £300,000 from today

£34m fund to develop construction skills across country

Pledge to build an extra 300,000 new homes per year by the mid 2020s

£44bn funding to support housing market over next five years

Extra £28m for three new housing pilot projects to tackle rough sleeping

Kensington and Chelsea Council gets extra £28m following Grenfell Tower fire

Income tax allowance increases to £11,850

Duty on Cider, Wine, Spirits and beer frozen

NHS gets and extra £10bn over the course of this parliament

NOT reducing VAT threshold of £85,000 for next two years

EXtending £1,000 discount for small pubs to March 2019

There’s great anticipation.  He is under pressure to come up with a Budget that could help stabilise the Government and the Conservative Party.  What will he come up with?

It could be a number of things.  More Housing.  Productivity.  Tax incentives. Discount rail travel for travellers up to the age of 30.

There’s Brexit turmoil going on which is casting a big shadow over politics. Will the Budget help ease the situation?

Not too many are hopeful. But there is bound to be some announcement that will please the public.


  1. Chancellor's Spring Statement LIVE - 12:30pm GMT not a budget but economic forecast | YNUKtvYNUKtv - March 13, 2018

    […] is a break from what is normally known as a mini-budget announcement.  Mr Hammond will instead reveal state of the UK’s economy.  Analysts believe […]

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