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What is the Spring Forecast – and will Rachel Reeves announce any new policies?

19 February 2025
in Business
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What is the Spring Forecast – and will Rachel Reeves announce any new policies?
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Chancellor Rachel Reeves has commissioned a Spring Forecast from the Office for Budget Responsibility, to be published on 26 March, following last year’s Autumn Budget with tax hikes and spending policies. Speculation rises on potential tax increases or spending cuts to balance the books, as Reeves aims to maintain fiscal stability while facing challenges in growth and borrowing costs. The Treasury emphasizes the commitment to fiscal rules as Reeves navigates tough decisions on taxes, spending, and potential changes in line with the government’s financial targets.

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