As the Conservative Government set out their spending plan for the year ahead yesterday, Undergraduate Economics students Tettey Addy and Will Emery gave their reactions to the Budget 2017 on BBC Newsbeat.
Chancellor Philip Hammond delivered his first budget which included controversial changes to National Insurance payments, a proposed £2bn increase in social care spend and help for firms hit by business rate rises.
Tettey commented: "The economy is expected to grow by 2% over 2017, up from the last forecast of 1.4%. The government has pointed to [this] as showing that the UK remains resilient despite the result of the referendum."
Will thought that the chancellor painted a relatively bright picture of the UK economy considering the dreary predictions following the Brexit vote, saying: "I feel the current crises in the NHS and social care system could've been addressed further. Still, raising the tax threshold will lower the amount of tax everyone pays and increasing the national living wage to £7.50 will help individuals and families across the country."