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The Independent UK
The Independent UK
David Maddox,Harriette Boucher and Maryam Zakir-Hussain

Spring statement live: Reeves insists her economic plan is ‘right’ despite growth forecast for 2026 being slashed

Iran Sir Keir Starmer United Kingdom Sir Keir United States Cyprus RAF Drone Hamish Falconer Holly Evans

Rachel Reeves said she had the "right economic plan" for the UK despite the budget watchdog slashing its forecast for growth this year.

The Office for Budget Responsibility indicated gross domestic product will increase by 1.1 per cent in 2026, down from the 1.4 per cent it forecast in November.

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