Britain 'on course for longest fall in living standards'

Analysis of the Budget has found families are now projected to be at the start of the longest period of disposable income decline in more than 60 years.The Resolution Foundation, a think tank which focuses on how to bolster living standards, said Philip Hammond's speech painted a bleak outlook as the country gets to grips with a slowing economy linked to Brexit.Its downbeat tone was mirrored in a separate study of the Budget small print by the Institute for Fiscal Studies.