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UK treasury chief to take cautious approach in budget

Mar 8, 2017 - Associated Press Financial Wire

LONDON (AP) - Britain's Treasury chief is set to deliver an upbeat message on the economy when he unveils the new budget Wednesday - but remain cautious on new spending amid uncertainty over the exit from the European Union.

Philip Hammond said he will outline his plan for the 2017-18 fiscal year laying out what the government believes will be the foundations for a "stronger, fairer, better Britain" outside the EU.

The caution over spending in the long term comes despite an improveme

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