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Britain's budget contains 25 bln pounds of new spending - spokeswoman
November 22, 2017 / 2:04 PM / 23 days ago

Britain's budget contains 25 bln pounds of new spending - spokeswoman

LONDON, Nov 22 (Reuters) - British finance minister Philip Hammond’s budget contains 25 billion pounds ($33 billion) of new spending, his spokeswoman said on Wednesday.

An official at the finance ministry also told reporters that the spending commitments represented an 11 billion-pound reduction in the previously announced fiscal headroom. ($1 = 0.7548 pounds) (Reporting by William James; editing by Kate Holton)

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