Hammond: U.K. Has Turned an Important Corner on Austerity

The transcript discusses the UK's economic strategies, focusing on ending austerity, managing public debt, and reducing the deficit. It highlights the importance of increasing productivity and competitiveness, addressing supply side challenges, and maintaining fiscal reserves amid Brexit uncertainties. The discussion also covers the need for fair taxation in the digital economy and the implications of Brexit on the customs union.

What is the significance of the digital economy in terms of taxation and fairness?

How does the government plan to address the issue of businesses operating without a physical presence in the UK?

What are the expected changes for businesses during the transition period post-Brexit?