Reuters London November 22 - Britain, which has plagued the Brexit issue, lowered its economic growth forecast and broadened its debt-scheme until the 2020s; however, Finance Minister Hammond Hammond announced several spending moves, To win back the electorate people.
November 19, 2017, London, England, UK Chancellor Hammond. REUTERS / Mary Turner
Hammond is under heavy pressure to take advantage of Wednesday's budget report to save the prime minister, Teresa May. Some angry legislators, who are still angry over the June election defeat, had asked Teresa Mei to fire Hammond because of his cautious approach to the issue of Brexit and public finances in Britain.
Hammond, however, appears to be relaxing and laughing at the same time as saying that it would help voters by removing 80% of the home buyer's home purchase tax, continuing to freeze fuel taxes and increasing spending on health care.
He also pledged ? 44 billion ($ 58 billion) over the next five years to solve the serious housing shortage in the UK, adding 300,000 new residential units each year until the mid-2020s.
After the libertarians criticized him for not setting aside enough funds to prepare for the departure from the European Union, he added an extra ? 3 billion to prepare for the EU's departure.
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