Budget 2017 summary: stamp duty down, diesel tax up and (a bit) more cash for the NHS

Highlights and instant analysis as the Chancellor presents his second Budget of 2017

Philip Hammond austerity
Chancellor Philip Hammond at Downing Street 
(Image credit: Jack Taylor/Getty Images)

Welcome to TheWeek.co.uk’s live coverage of the Philip Hammond’s second Budget by 2017, back by popular demand after his triumph in March.

Or perhaps not. A “humiliated” Chancellor “was forced by the Prime Minister to scrap a central part of his first Budget”, says the Daily Mail, referring to the abandoned plan to raise National Insurance contributions for the self-employed. The U-turn has dogged him ever since, says the Daily Mirror, and “Mr Hammond can ill afford to make further lapses”.

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