22-11-2016 23:22 via news.yahoo.com

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

Britain's Chancellor will say on Wednesday that he is raising the minimum wage and 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 in a statement. When he b
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