2026 United Kingdom spring statement
The 2026 United Kingdom spring statement was delivered to the House of Commons by Rachel Reeves, the chancellor of the exchequer, on 3 March 2026.
Background
On 3 March 2026, the spring statement was given to the House of Commons by the chancellor of the exchequer, Rachael Reeves.[1]
The statement
In the statement Reeves said it was the "right economic plan" for the UK as the budget watchdog slashed its forecast of growth for the year.[2]
The statement did not contain any major tax or policy changes, but did confirm that previously announced pension, benefits and savings changes are coming into force.[1]
References
- ^ a b Winchester, Levi; John, Lucy (2026-03-03). "What the 2026 Spring Statement means for your money, pension and benefits". Wales Online. Retrieved 2026-03-03.
- ^ Maddox, David (2026-03-03). "Spring statement live: Reeves insists her economic plan is 'right' despite growth forecast for 2026 being slashed". The Independent. Retrieved 2026-03-03.