Philip Hammond

Yields on benchmark 10-year UK government bonds jump following announcement

Also commits to increase ISA limit

'Long overdue reform of tax policy making'

Chancellor Philip Hammond has announced plans to help British technology start-up companies by "injecting an initial £400m into venture capital funds".

GDP growth to fall to 1.4% in 2017

Also linked to US treasury secretary role

He has already reversed two of Osborne's policies

Follows positive growth figures

This year's even to go ahead in November

Foreign investors shed sterling assets