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The Chancellor’s Spring Statement adds to the expected pain of the UK aid cuts

Summary by Bond
Following the Prime Minister’s announcement on 25 February that the UK’s Official Development Assistance (ODA) budget would fall from 0.5% to 0.3% of gross national income (GNI) by 2027, the Chancellor’s Spring Statement was not expected to bring any cheer for the development sector. However, the decisions announced yesterday by the Chancellor on how the ODA cuts will be introduced have deepened concerns about the devastating impacts these cuts …
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Bond broke the news in on Thursday, March 27, 2025.
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