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Business News Headlines

UK's Hammond, under pressure on budget, promises more homes

British finance minister Philip Hammond, under pressure to help weakened Prime Minister Theresa May in this week's budget, promised to speed up house building and said he had some room to help voters despite his squeeze on public finances.

UK at turning point after difficult year - Hammond

British finance minister Philip Hammond said on Sunday that the government was reaching a turning point after a difficult year and the country was close to the point of starting to bring down public debt.

Driverless cars set for UK budget boost - finance ministry

British Chancellor of the exchequer Philip Hammond's budget statement this week will include measures to encourage the development of driverless and electric cars, artificial intelligence and telecommunications, the finance ministry said on Sunday.