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UK treasury chief's budget to offer cautious approach

Mar 8, 2017 - Associated Press Financial Wire

LONDON (AP) - Britain's Treasury chief is set to deliver an upbeat message as he unveils a cautious budget meant to help the country bolster resources as it faces the uncertainty of leaving the European Union.

Philip Hammond is due to deliver Wednesday a plan for the 2017-18 fiscal year that he says will lay the foundations for a "stronger, fairer, better Britain" outside the EU.

The caution comes despite an improvement in the government's finances. Hammond says Britain is still 1.7

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