Will Hammond Deliver a Blow to Brexit Doubters?
Chancellor of the Exchequer Philip Hammond will today reveal the cost to the public purse of Brexit, promising to find some cash for those whom Prime Minister Theresa May has described as “just about managing” to make ends meet. The so-called “JAMs” will be in his mind as he announces a £1.4 billion pound boost to affordable housing, an increase in the minimum wage and a reduction in how quickly some benefit payments fall away. National Institute of Economic and Social Research Fellow Jonathan Portes discusses with Guy Johnson on "Bloomberg Markets: European Open." (Source: Bloomberg)