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Immediate cuts to UK aid budget announced in the Spring Statement – Bond reaction

Summary by Bond
Today, Wednesday 26 March, the Chancellor, Rachel Reeves, has announced in the Spring Statement that she will start moving money immediately from the UK’s Official Development Assistance (ODA) budget to fund an increase in defence spending. The UK aid budget will start to be reduced from 25/26 to reach 0.3% by 2027.  In reaction to the announcement, Romilly Greenhill, CEO of Bond, the UK network for organisations working in international develop…
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Immediate cuts to UK aid budget announced in the Spring Statement – Bond reaction

Today, Wednesday 26 March, the Chancellor, Rachel Reeves, has announced in the Spring Statement that she will start moving money immediately from the UK’s Official Development Assistance (ODA) budget to fund an increase in defence spending. The UK aid budget will start to be reduced from 25/26 to reach 0.3% by 2027.  In reaction to the announcement, Romilly Greenhill, CEO of Bond, the UK network for organisations working in international develop…

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Bond broke the news in on Wednesday, March 26, 2025.
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