Today’s Spring Statement promises to be a dull affair. Chancellor Philip Hammond has chosen a low key event after years of having two budgets a year- now pared down to just an Autumn budget.

We are likely to see a modest offering today- comprising economic and public finance forecasts from the Office of Budget Responsibility and a few minor additions.

Having make clear that he is on course for a deficit reduction programme, the chancellor is playing it safe early in the parliament- not needing to offer sweeteners at this stage.

With so much else going on with Brexit, that’s probably a good thing.