UK finance minister ups growth forecasts and says the era of austerity ‘finally coming to an end’

Chancellor of the Exchequer, Philip Hammond, presents the red Budget Box as he departs 11 Downing Street to deliver his 2018 budget announcement to Parliament on October 29, 2018 in London, England.

Jack Taylor | Getty Images News | Getty Images

Chancellor of the Exchequer, Philip Hammond, presents the red Budget Box as he departs 11 Downing Street to deliver his 2018 budget announcement to Parliament on October 29, 2018 in London, England.

The U.K. Finance Minister Philip Hammond announced that the country is coming to the end of an era of austerity.

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