UK Treasury chief to put cash into mental health

AP  |  London 

Britain's is planning to pour 2 billion pounds (USD 2.5 billion) into as he delivers his final budget before the country leaves the

Philip Hammond's infusion is one of the expected highlights of the spending blueprint to be delivered to the on Monday.

He's also signalled he intends to increase funding by 20 billion pounds a year by 2023 without raising taxes.

But Hammond may not yet be ready to ease the austerity implemented by a series of Conservative-led governments after the global financial crisis despite public pressure to ease the pain now.

He has urged caution, saying plans to increase spending could be thrown off track if Britain fails to secure a Bexit deal that protects trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 29 2018. 18:10 IST