20-11-2016 16:47 via uk.news.yahoo.com

Hammond says budget options constrained by high debt

By William Schomberg LONDON (Reuters) - Britain's first budget plan since the Brexit vote will not include a big new spending push because of "eye-wateringly" high public debt levels, but will have some help for the economy and struggling families, the country's Chancellor said. Philip Hammond, who will spell out the economic priorities of the new government on Wednesday, said on Sunday he wanted to keep some fiscal "head-room" as two years of difficult negotiations about leaving the European Un
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