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As Hammond’s Spring Statement nears, how is the UK economy doing?

In his pared-down statement on 13th March, “Spreadsheet Phil” will have some better numbers on growth and the public finances

By Paul Wallace  

Chancellor Philip Hammond leaves No 11. Photo Kirsty O'Connor/PA Wire/PA Images

Along with yellow daffodils, one of the first sights of spring is a chancellor of the exchequer brandishing the red box outside No 11 Downing Street before heading to the House of Commons to deliver his budget. But not this year: Philip Hammond did that last November for the fiscal year starting this April. And now instead of the customary budget he will make a Spring Statement, on Tuesday 13th March.

“Spreadsheet Phil” has reset the fiscal calendar as…

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