UK to announce first post-Brexit budget plans

London

FIVE months to the day after Britain voted for "Brexit", its finance minister will outline how the government plans to cope with the economic fallout and voters' frustrations which had echoes in Donald Trump's US election triumph.

Philip Hammond, the Chancellor of the Exchequer, is due on Nov 23 to announce spending and tax plans until the end of the decade in his first budget update since taking office after the June vote to leave the European Union (EU). His speech to Parliament is likely to build on Conservative Prime Minister Theresa May's pledge to serve families that are "just managing" - a response to discontent with the political establishment and income disparity that was exposed by the referendum.