Tigger Hammond knows he has a difficult hand

The chancellor said he was feeling very Tiggerish.

And that it was the "Eeyores of Labour" who were talking down Britain.
But Philip Hammond knows he has a difficult hand to play.
Yes, the Office for Budget Responsibility (OBR) did upgrade growth for this year.
Global growth is better (which helps the UK, an exporting nation), manufacturing is doing well and exports are strong.
But the upgrade was modest.
And it suggested that growth will not move above 1.5% over the forecast period, that's until 2022.
That is below trend growth of 2% and shows just how difficult a position the economy is in.


Source:  BBCNews