Chancellor Rachel Reeves’ Spring Statement 2025, delivered on 26 March, arrived at a critical point for the UK economy. With the Office for Budget Responsibility downgrading growth forecasts to just over 1% for the year and borrowing costs climbing, the tone of the statement was more pragmatic than bold. The Chancellor focused on reforming the tax system, encouraging economic resilience, and driving public sector efficiency.

Against a backdrop of continuing uncertainty over Brexit, the Chancellor’s speech today was mainly concerned with economic matters and the government finances, which are very much dependent on what finally happens regarding Brexit.

Against a backdrop of continuing uncertainty over Brexit, the Chancellor’s speech today was mainly concerned with economic matters and the government finances, which are very much dependent on what finally happens regarding Brexit.

As announced in Budget 2017, the Government has today issued a document consulting on how access might be given to entrepreneurs whose holding in their company is reduced below the normal 5% qualifying level as a result of raising capital for commercial purposes by means of issues of new shares.

As announced in Budget 2017, the Government has today issued a document consulting on how access might be given to entrepreneurs whose holding in their company is reduced below the normal 5% qualifying level as a result of raising capital for commercial purposes by means of issues of new shares.

As announced in Budget 2017, the Government has today issued a document consulting on how access might be given to entrepreneurs whose holding in their company is reduced below the normal 5% qualifying level as a result of raising capital for commercial purposes by means of issues of new shares.

Our comments on the proposed VAT consultation papers announced in the Spring Statement.

The Chancellor of the Exchequer, Philip Hammond, delivered his Spring Statement today.