‘Spreadsheet Phil’ spends for growth

British chancellor Philip Hammond moved yesterday to put flesh on the bones of his promise of a “fiscal reset” following Brexit, unveiling a raft of spending measures aimed at boosting the country’s economy.

He unveiled a large fund for infrastructure, saying he was also helping out the financially hard-pressed.

Investment in science and technology and house building have been prioritised, with monies set aside to promote enterprise in the English regions.