Spring Statement 2025
Expert analysis and commentary on the Chancellor’s Spring Statement. Bookmark this page for the latest updates and insights to understand how the announcements affect you.
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After the record-breaking £40bn tax-raising Autumn Budget, Rachel Reeves presented her second fiscal statement. While the Chancellor emphasises growth, the Bank of England (BoE) and the Office for Budget Responsibility (OBR) have since reduced their UK growth forecasts by half.
INSIGHT
Spring Statement 2025: your summary
Explore all the key announcements and insights from Labour's Spring Statement in our detailed roundup by clicking the button below to learn more.
Autumn Budget 2024 round-up
The previous year's Autumn Budget laid the groundwork for the upcoming Spring Statement, which will offer further clarity on potential tax hikes and economic measures, especially in light of the Autumn Budget's impact and the continuing economic challenges.
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Autumn Budget 2024: your ultimate summary
Following months of speculation and uncertainty, Rachel Reeves's first Budget was the largest tax raising Budget since that of Norman Lamont in 1993, with around £40bn being raised for government programmes of "national renewal" and a growing "black hole" in public finances.
And Labour created another black hole of its own in trying to define a "working person" when promising not to tax them. If you have assets and savings, you don't fall into its economic definition it seems.
Download our easy-to-digest summary of all the key takeaways and announcements following last year's Budget.
And Labour created another black hole of its own in trying to define a "working person" when promising not to tax them. If you have assets and savings, you don't fall into its economic definition it seems.
Download our easy-to-digest summary of all the key takeaways and announcements following last year's Budget.
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