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Here are the key points: The chancellor will set out her plans for the uk economy during the spring statement on wednesday 26 march. Global economic uncertainty has increased sharply, growth has slowed in many of britain’s major trading partners, and borrowing costs have risen across most advanced.
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We delve into what it means for you. Welcome to our key points summary of rachel reeves’s spring statement. It came as the office for budget responsibility.
The measures will push 250,000 people, including 50,000 children, into relative poverty.
The office for budget responsibility (obr) has halved the uk growth forecast for 2025 from 2% to 1%, ms reeves. While the universal credit health element will be cut for. Here are the key takeaways from the spring statement: Chancellor rachel reeves delivered the uk's spring statement on 26 march 2025, outlining significant fiscal measures.
Rachel reeves pledged to “secure britain’s future” as she blamed a blow to britain’s finances. Chancellor rachel reeves has set out her plans for the uk economy during her spring statement in the house of commons. Rebuilding our public services with record investment in our nhs, bringing waiting lists down for 5 months in a row. Rachel reeves has ruled out further tax rises, but faces.
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Chancellor rachel reeves has cut billions of pounds of planned spending, including on benefits, after britain’s economic growth and public finances were hit since her.
And increasing the national living wage to give 3 million.
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