Shadow City minister Jonathan Reynolds spoke to IBTimes UK ahead of the 2017 Budget.
Gross domestic product expected to expand by 1.6% in 2017.
The Chancellor is expected 'to not shirk difficult questions' about the country's economy.
Watch as IBTimes UK attempts to predict what Hammond has been planning in Number 11.
Philip Hammond is expected to have £12bn to play with, but he plans keep hold of it in case economy weakens.
Conservative Alan Mak speaks to IBTimes UK about his All-Party Parliamentary Group on the 4IR.
The selective schools are a focus for the British Prime Minister Theresa May.
Returns for 2015-16 said to exclude £40,000 salary paid for job of Labour leader.
Chancellor said Britain was in strong position to make deal with the European Union
Theresa May faces possible backbench rebellion if she does not resolve social care funding.
Shadow chancellor issued invite to Jeremy Corbyn critic after pre-Spring Statement speech.
Labour accuses Conservatives of attempting to pursue austerity policies by stealth.
Publicly-owned RBS is losing billions and still pays its bosses bonuses, so let's privatise it again.
Philip Hammond will not dip into £27bn fund set aside as he faces calls from Tory MPs to help businesses.
Backbench Tory MPs are in revolt at rate changes they say will penalise small business owners.
Out of dozens of recent cyberattacks, several have affected UK national security.
UK business organisation also calls for renewed focus on education.
Premier Lee Hsien Loong says the island nation would remain one of London's largest trading partners in Asia.
Conservative premier will be cross-examined at prime minister's questions.
Report says stronger challenge and wider consultation will lead to fewer 'omnishambles' Budgets.
The chancellor said UK will do whatever we have to do' to remain 'competitively engaged' with Europe.
UK inflation was bumped up by rising fuel prices, British drivers should brace themselves for more.