Hammond aims to ease UK living standards squeeze, focus on budget

Britain's Chancellor will say on Wednesday that he is taking the edge off a benefits squeeze for low-paid workers, but that fixing the public finances will be a bigger priority as the country gets ready for Brexit. Philip Hammond's first detailed economic policy announcement of the new government at 1230 GMT will focus on tackling a still large budget deficit and injecting more dynamism into the world's fifth-biggest economy, his office said. When he became Chancellor in July, a few weeks after