The Chancellor of the Exchequer, Philip Hammond, should add spring ($14bn) saved from lower public borrowing to the country's £3bn Brexit war chest as a "buffer against future economic shocks", said John Hawksworth of PwC. According to a survey by Lloyds bank, 42% of businesses are holding back on investment projects because of uncertainty about Brexit, while smaller firms were looking for "reassurance" and "further clarity" from Hammond's the estimated £10bn statement.
The Chancellor of the Exchequer, Philip Hammond, should add the estimated £10bn ($14bn) saved from lower public borrowing to the country's £3bn Brexit war chest as a "buffer against future economic shocks", said John Hawksworth of PwC. According to a survey by Lloyds bank, 42% of businesses are holding back on investment projects because of uncertainty about Brexit, while smaller firms were looking for "reassurance" and "further clarity" from Hammond's spring statement.