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"There is £26bn of headroom, the money is there, but we also think there is room to make some sensible tax cuts as well" Boris Johnson says the UK has enough money in reserve to prepare for a no-deal #Brexit, increase education spending and cut taxes
Philip Hammond
Verified account @PhilipHammondUK
2h2 hours ago
The “fiscal firepower” we have built up in case of a No-Deal Brexit will only be available for extra spending if we leave with an orderly transition. If not, it will all be needed to plug the hole a No Deal Brexit will make in the public finances.
I presume it will be the Boris side of the argument believed and then the Hammond side realised after Johnson has won