LISTEN: Savvas Savouri does not have high hopes for this year’s Budget given that, in his view, “few chancellors have understood economics” in his lifetime.
See also: Dear chancellor: five property demands for the Budget
But Toscafund’s chief economist argues that this year Philip Hammond has the chance to set the scene for future budgets and that this one could either mean “paralysis” for the property sector or “promise” if he delivers measures such as the long awaited Amazon tax.