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Spring Statement 2018: what you need to know

The Spring Statement gives people and businesses certainty and stability to plan for the future

Major tax or spending changes will now be made once a year at the Budget in the Autumn. The Spring Statement:

  • gives an update on the overall health of the economy and the Office for Budget Responsibility (OBR) forecasts

  • gives an update on progress made since Autumn Budget 2017

  • invites people and businesses to give views on changes the government is considering

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