What will be in the chancellor's Spring Statement?

The chancellor will present the Spring Statement alongside the OBR’s economic forecast, facing pressure due to the UK economy’s underperformance and global events. While major policy announcements are reserved for the Budget, speculation surrounds possible spending cuts and a freeze on income tax thresholds. With slow economic growth and rising inflation, challenges include balancing borrowing rules, welfare reform, and potential tax changes to address financial uncertainties.

Full Article