Spring Statement

Part of the debate – in the House of Commons at 12:58 pm on 13 March 2018.

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Photo of Philip Hammond Philip Hammond The Chancellor of the Exchequer 12:58, 13 March 2018

I am clear—I think I have alluded to this already—that one of the factors depressing the forecast growth is the uncertainty that still exists around the economy. If the hon. Lady, like me, expects that uncertainty to dissipate over time, she should look through it to the fundamentals of our economy and its underlying strengths. This economy is in a fundamentally good shape. Once we can restore confidence and certainty about our future path, I am confident that those fundamental strengths will deliver increased economic growth.