Budget to be held on 22 November, Chancellor Hammond says
(ShareCast News) - Chancellor Philip Hammond will deliver the government's first budget of the parliament on Wednesday 22 November, the Treasury confirmed on Wednesday afternoon.
Following the shake-up the Chancellor announced last year, there will now only be one fiscal budget per year, held in the autumn.
"From 2018 there will be a spring statement, responding to the forecast from the OBR, but no major fiscal event," the Treasury said.
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