Budget 2017: Hammond prepares Britain for 'new chapter' outside EU

Philip Hammond presents his first Budget tomorrow

Mr Hammond will claim the Government is preparing Britain for a “new chapter” outside the European Union with investment in skills and opening up opportunities for young people.

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He will insist the economy remains strong with the Office for Budget Responsibility expected to present more upbeat forecasts than it did last November in the aftermath of the Brexit vote.

Contrasting the Government with Labour, he will say Britain’s economic resilience depends on cutting the budget deficit rather than “shirking the difficult decisions on tax and spending”.

In the wake of Institute of Fiscal Studies analysis showing average incomes will not rise for two years, Mr Hammond will promise help for “working families”.

Delivering his first Budget on International Women’s Day, the Chancellor will unveil a new £5m fund to support projects marking the centenary of the first women getting the vote.

The 1918 Representation of the People Act paved the way for universal suffrage 10 years later.

Mr Hammond said: “It is important that we not only celebrate next year’s Centenary but also that we educate young people about its significance.”