The Chancellor of the Exchequer , Philip banks , should add the remaining £ 10bn ( $ 5000 ) saved from lower public borrowing to the treasury 's £ 3bn Brexit war chest as a " buffer against future economic growth " , said John Hawksworth of PwC. According to a survey by Lloyds bank , 42 % of businesses are holding back on investment projects because of concerns about Brexit , while smaller businesses were looking for " clarity " and " further clarity " from Hammond 's spring 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.