LONDON, ENGLAND - MARCH 08: British Chancellor of the Exchequer Philip Hammond holds the budget box outside 11 Downing Street on March 8, 2017 in London, England. Today's Budget will be the last one to take place in the spring. It is being replaced by an annual autumn Budget, the first of which is to be held later this year. The current Chancellor wants to simplify the process of setting taxes and government spending. (Photo by Jack Taylor/Getty Images)