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Insight, analysis and expert debate as key policy makers are challenged on the latest news stories. From BBC Radio 4's Today programme

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Chancellor on future of UK economy

July 14th, 2016

Episode 1067 of 1333 episodes

The deficit reduction plan in 2010 was the right thing at the time, but the UK is now entering a “new phase”, which will be judged by “a different set of parameters”, new Chancellor Philip Hammond tells the Today programme. Speaking to Mishal Husain, Mr Hammond says the deficit will still need to be cut but the question of how and when would need to be reassessed. (Image: Philip Hammond. Credit: AFP/Getty Images)

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