SO, after all the days of spin and expectation management, what is the verdict on the Chancellor’s Spring Statement? Spring Statement - key points KEY announcements from the Spring Statement: No new tax rises : The Chancellor ruled out further tax hikes and pledged to crack down on tax avoidance, aiming to raise an extra £1bn. And firms were not given any concessions in the Spring Statement either, despite their pleading. What is the Spring Statement? By Ryan Sabey, Deputy Political Editor: Rachel Reeves is delivering the Spring Statement - nearly fifty years after the first such "mini-Budget" was delivered.

Source: The Times March 26, 2025 21:17 UTC