Spring Statement: What will be in chancellor Rachel Reeves plan?
Published On Mar 9, 2025, 4:52 AM
Chancellor Rachel Reeves is set to deliver a Spring Statement on March 26, highlighting the UK’s economic situation amid sluggish growth and rising inflation. Although she has ruled out major tax increases, there is speculation around spending cuts and potential changes to welfare and tax policies. The Office for Budget Responsibility (OBR) will provide economic forecasts and assessments of government borrowing, with discussions on whether the Chancellor will stick to her fiscal rules amidst rising borrowing costs and global economic pressures.
Stock Forecasts
IWV
Negative
The UK's economic outlook appears to be unstable, with sluggish growth and rising inflation creating pressures on government spending. Anticipated cuts in welfare spending could impact consumer confidence, potentially slowing economic recovery. Additionally, any new policies affecting personal taxes or investment incentives may further influence market sentiment.