What can we learn from Philip Hammond's Spring Statement? In conversation with Simon Rose, Ed Bowsher examines the runes. The Statement concentrated on the OBR's latest predictions for the UK economy, all predicated on an orderly Brexit. Although saying that tax or spending plans would be kept for the Budget, now in the Autumn, the Chancellor did have announcements relating to housing, digital advertising, climate change and the police and knife crime. With the Statement coming in the midst of extraordinary Parliamentary upheaval over Brexit, Ed gives his views on the likely direction of Brexit and what all this might mean for markets.
