Spring Statement 2026

UK Budget
Today the Office for Budget Responsibility (OBR) will publish new forecasts for the economy and public finances. The forecast will be the second of 2025/26 and assess whether the Chancellor is on course to meet public finance targets.

The Chancellor of the Exchequer Rachel Reeves will on the same day deliver a statement in Parliament in response providing an update on the Government’s plans for the economy.

The Chancellor has previously committed to one major fiscal event a year in Autumn, so it is not expected that any major policy announcements will be made. However, the OBR forecast does influence government policy direction on taxation levels and spending allocations in the future.

Follow this page for insights from our industry experts, reactions to the Spring Statement and OBR forecast, and what they mean for people and businesses.

Our reactions

Our UK Chief Economist reacts to the Spring Statement

Barret Kupelian, UK Chief Economist, says today’s Spring Statement from the Chancellor was short on surprises, and that was the point.

Read more

Post-Spring Statement economic analysis

Our UK economics team analyse the impact to the UK economy of the Spring Statement and the OBR's latest forecast. 

Download

Our insights

Contact us

Barret Kupelian

Barret Kupelian

UK Chief Economist, PwC United Kingdom

Tel: +44 (0)7711 562331

Rachel Taylor

Rachel Taylor

Leader of Industry for Government and Health Industries, PwC United Kingdom

Tel: +44 (0)7841 783022

Follow us