Chancellor Philip Hammond faces series of post-budget questions
Philip Hammond, British Conservative Party politician and Chancellor of the Exchequer is facing questions after yesterday’s budget.
According to Labour MPs, his stamp duty cut is a “gimmick” which will help those in London but do nothing for people in cheaper areas. Obviously this stamp duty cut looks like what will favor only the elites.
Some Conservative MPs will ask Hammond about OBR forecasts that UK will pay the 3.5bn pounds euro in the year after Brexit.
Meanwhile Labour shadow chancellor John McDonnell is against this “gimmick” adding that front-line public sector workers “won’t be particularly happy” with the budget. He said, apart from NHS staff, there was “nothing” for other public sector workers.
McDonnell added that the budget was more about Hammond “saving his job” than addressing the underlying problems of the economy. Isn’t that cowardice? So who is deceiving who? He says there is “disarray” in the Cabinet which means the UK won’t get a decent deal from the EU.