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Philip Hammond put aside more money for Brexit than the NHS in the 2017 Budget in a reversal of the promises outlined during the referendum campaign. The Chancellor said £3 billion would be spent on Brexit planning, while just £2.8 billion will go to the NHS. In a deeply ironic twist the NHS now has just £350 million to see it through the winter, rather than the £350 million a week it was promised by the Leave campaign. Earlier this month NHS...

The 2017 Budget proves Philip Hammond can't really balance the books, according to industry experts. The Chancellor was forced to revise down much of his growth forecasts for the country in what has been described as a budget that "concentrates more on the political shape of the Conservative party rather than the economic shape of the UK economy." Jeremy Corbyn slammed the Conservatives on the Budget announcement saying "it's a record of failure" with economic growth revised down, productivity growth...

The chancellor has announced stamp duty will be scrapped for first time buyers on homes up to £300,000 and up to £500,000 in high price areas. The move will affect roughly 80 per cent of first time buyers, and will come as a huge relief for people who are struggling to get on to the property ladder. Philip Hammond was under pressure to deliver a game-changing Budget today, and after a string of concerning economic data he saved the eye-catching announcement...

Few politicians would proclaim to have magical powers, but today Philip Hammond seemed to develop the ability to make currencies drop on every word he says. Delivering a crucial Budget to parliament the pound plummeted as he rifled through a raft of shaky economic indicators. He acknowledged that the economic outlook for the country is deteriorating, setting growth forecasts under 2 per cent for the next five years. He then announced that he will put aside an extra £3 billion...

Watch PMQs carefully and see if you can spot what has been dubbed Theresa May’s “kill team” or “K-team.” The Sunday Telegraph recently exposed a "precision bombing exercise" choreographed by new Chief Whip Julian Smith to "shout Corbyn down and put him off his stride". Due to worries about Jeremy Corbyn and the Labour Party’s going confidence at Prime Minister’s Questions as they land more punches on the Prime Minister, and concerns about Theresa May’s ability to defend the government’s...

The Conservative party narrowly voted against Labour's bid to retain EU human rights measures in UK law post-Brexit last night by 311 votes to 301. Just one Conservative MP, Ken Clarke, defied the Government whip and voted for the motion to retain the EU Charter of Fundamental Rights, put forward by Jeremy Corbyn. Civic organisations warned over the weekend that individual rights to privacy, equality, freedom of expression, fair working conditions, a fair trial, access to a lawyer and the protection of...

A new study has revealed a fascinating inter-generational divide over trust on the economy. Despite both parties being neck-and-neck overall, the Sky Data poll found huge splits between young and old. Of 18 to 34-year-olds, 62 per cent want Labour in charge of the nation's finances, versus 28 per cent for the Tories. Jeremy Corbyn's party also scrapes a narrow win among 35 to 54-year-olds, who favour it 41 per cent to the Conservatives' 39 per cent. But among those...

Debbie Abrahams explains unemployment and making work pay in scathing letter to Chancellor Following the Chancellor's Exchequer bizarre gaffe on the weekend when he claimed that there are no unemployed people, the shadow secretary for work and pensions has written to him on the eve of his autumn budget pleading with him to acknowledge how squeezed many in the country are and offering to take him to visit one of the many foodbanks that have opened around the country under...

The price of energy is a topic which has caused great controversy in the UK in recent years. Many believe it to be overpriced, and with utilities serving as one of the main overheads for UK businesses, it is safe to assume that they are paying a fortune for their electricity. With so many different energy sources, including imported energy, nuclear, renewables and fossil fuels such as coal and gas, the cost of energy can differ depending on its source....