Tory leadership rivals Jeremy Hunt and Boris Johnson are continuing to unveil spending plans in the race to be the UK’s next prime minister.

Some are big ambitions – tax cuts, tuition fee write-offs. Others are more pragmatic – money to help industries cope in a no-deal scenario, for example.

Both candidates have referred to using funds “set aside” by Chancellor Philip Hammond – but what are those?

Is there a Brexit “war chest”?

In his Spring statement this year, Chancellor Philip Hammond pledged £26.6bn to boost the economy if MPs voted to leave the European Union with a deal

The “headroom” in his fiscal forecasts basically means he has the scope to borrow an extra £26.6bn, while staying within self-imposed limits on government borrowing.

At the time of the announcement

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