News article
Chancellor Delivers Budget 2018
29/10/2018
Chancellor of the Exchequer Philip Hammond has delivered his Budget 2018 statement to Parliament.
The Chancellor began Budget 2018 by saying that "the era of austerity is finally coming to an end." Mr Hammond then announced that in addition to the already-allocated £2.2 billion to government departments for Brexit preparations (with a further £1.5 billion to be allocated in 2019-20), he was increasing that sum to £2 billion.