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The Independent UK

Albert Toth

Budget 2025: What time is the Spring Statement – and what will be in it?

Rachel Reeves Sir Keir Starmer United Kingdom Economy OBR

Rachel Reeves will soon give an update on her plans for the UK economy as she prepares to make the first Spring Statement of the new Labour government.

The chancellor will also deliver an economic forecast as part of the event, with many predicting further spending cuts to come as the Treasury seeks to tackle ailing growth.

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