Hammond £5bn short of 'austerity is ending' target, says thinktank

Institute for Fiscal Studies figures are blow to chancellor’s
attempt to keep his promise

Philip Hammond must find an extra £5bn in this year’s
Whitehall spending review to reverse planned cuts and
meet his claim of ending austerity
, a leading thinktank has
revealed.

The Institute for Fiscal Studies told the chancellor that funds
pledged in last year’s budget to boost NHS spending, defence and
international aid failed to safeguard local councils and some of
the worst-hit government departments from further shortfalls.

Source: FS – All-News2-Economy
Hammond £5bn short of 'austerity is ending' target, says thinktank