26th March 2025
Growth forecast for 2025 slashed as Reeves promises at least 1.3m homes
Chancellor Rachel Reeves has delivered her long-awaited Spring Statement. Here’s a summary of the measures and announcements: Independent Office for Budget Responsibility slashes growth forecast for 2025 from 2% (predicted last autumn) to 1% now; and OBR increases forecast for end-2025 inflation from 2.6% to 3.2%; Changes to planning framework will help build over...
