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.
Barret Kupelian, UK Chief Economist, says today’s Spring Statement from the Chancellor was short on surprises, and that was the point.
Our UK economics team analyse the impact to the UK economy of the Spring Statement and the OBR's latest forecast.
Leader of Industry for Government and Health Industries, PwC United Kingdom
Tel: +44 (0)7841 783022