Chancellor @PhilipHammondUK reveals how we will benefit from MULTI-BILLION ...

Chancellor Philip HammondChancellor Hammond says "families, strivers, grafters and carers" are the lifeblood of the economy (Image: Getty)

Writing exclusively in the Daily Express, the Chancellor explains the move will put more money in the pockets of "families, strivers, grafters and carers" up and down the country. "They are the lifeblood of our economy who keep the country going no matter what," the Chancellor said. In an upbeat message, Mr Hammond also promises to splash more cash in a multi-billion pound spending bonanza on public services. His blockbuster giveaway is possible because of a tax windfall from our surging economy - and comes ahead of Britain's exit from the European Union. And the Chancellor spells out his decision to slash taxes for millions of workers which will see 1.8 million people getting a "pay rise" thanks to increases in the National Living Wage. "Some people have argued that we should increase taxes. But we promised to keep taxes as low as possible so that you can keep more of your hard-earned cash," he says. "Overall, including our increase to the higher rate threshold, this means a tax cut for 32 million people."

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As well as a raft of tax cuts, Mr Hammond promises motorists, businesses, high streets, schools, local councils and the police will benefit in the new tax year. "We are a successful, outward-looking nation, ready to embrace a brighter future and build a country of which we can all be proud," he writes.

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