The UK's economic growth forecasts have been downgraded as it negotiates its exit from the European Union.
Official estimates now expect GDP of 1.5% this year - down from a previous prediction of 2%, dropping to 1.3% by 2020.
However, UK finance minister Philip Hammond has unveiled extra spending on the country's health service, and promised to oversee the building of hundreds of thousands of new homes.
He says Britain should be optimistic about leaving the European Union.
IN: "An economy…
OUT: …for Britain."
DUR: 29 seconds
http://www.fsnradionews.com/feeds/1122budget-hammond1.mp3
Official estimates now expect GDP of 1.5% this year - down from a previous prediction of 2%, dropping to 1.3% by 2020.
However, UK finance minister Philip Hammond has unveiled extra spending on the country's health service, and promised to oversee the building of hundreds of thousands of new homes.
He says Britain should be optimistic about leaving the European Union.
IN: "An economy…
OUT: …for Britain."
DUR: 29 seconds
http://www.fsnradionews.com/feeds/1122budget-hammond1.mp3