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Hammond's Budget Aims to Capitalize on Brexit Opportunities
Hammond's Budget Aims to Capitalize on Brexit Opportunities
Sputnik International
As the British economy faces uncertain future amid the ongoing Brexit process, the UK Chancellor seeks to tackle the economic challenges the country is facing... 22.11.2017, Sputnik International
2017-11-22T12:37+0000
2017-11-22T12:37+0000
2022-10-17T19:45+0000
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Hammond's Budget Aims to Capitalize on Brexit Opportunities
12:37 GMT 22.11.2017 (Updated: 19:45 GMT 17.10.2022) As the British economy faces uncertain future amid the ongoing Brexit process, the UK Chancellor seeks to tackle the economic challenges the country is facing “head on” with his new budget.
Philip Hammond, British Chancellor of the Exchequer, went on to deliver the budget which Prime Minister Theresa May expects to make the country “fit for the future.”
The chancellor is expected to announce that Britain should “seize the opportunities” presented by Brexit and stated that the country will become an "outward looking, free-trading nation" when it finally parts ways with the EU in 2019, according to British media.
READ MORE: UK Chancellor Hammond Touts Driverless Cars in Budget Proposal
Theresa May also apparently moved to negate mounting speculation concerning tension in the government, tweeting a photo from the Cabinet meeting this morning.
Earlier Chancellor Hammond triggered outcry among politicians and the public alike for claiming there "there are no unemployed people” in Britain during a BBC interview.