US EditionWhen Is Rachel Reeves' Spring Statement and What Is She Going to Say
Chancellor Rachel Reeves will present updated Office for Budget Responsibility forecasts without major fiscal changes, assessing last budget effects on tax and spending.
- On Tuesday, March 3, Rachel Reeves, Chancellor of the Exchequer, will deliver the spring statement in Parliament just after midday, outlining the Office for Budget Responsibility's latest forecasts and speaking for about 20 minutes.
- Using the OBR's twice-yearly forecasts, the statement will provide an interim update on the economy and public finances, reflecting last autumn's £26 billion tax hikes.
- Unusually, the Office for Budget Responsibility will not publish a formal assessment for the first time, and the Treasury will post the forecast on gov.uk after a security review following Richard Hughes's resignation over a prior leak.
- Economists will use the OBR numbers to estimate the chancellor's fiscal headroom, informing possible policy choices as Reeves says minor tax tweaks are possible despite no major announcements.
- Against this backdrop, inflation is 3%, above the Bank of England target of 2%, GDP grew 0.1% in the last quarter, and wages increased 4.2%.
12 Articles
12 Articles
Will Rachel Reeves spring a forecast surprise?
Will Rachel Reeves spring a forecast surprise? melissa.ittoo Thu, 26/02/2026 - 16:54 Rupert Harrison, former chief of staff to George Osborne, joins the Inside Briefing team to preview the chancellor's spring forecast. 1 Podcast Institute for Government No Public finances Public services Economy Tax Growth Budget Public spending Education and skills Schools Labour Chancellor of the exchequer Starmer government HM Treasury Department for Educati…
Bristol Post
When is Rachel Reeves' Spring Statement and what is she going to say
This time last year the statement confirmed major changes to the benefits system
Spotlight turns on Reeves - and the state of our economy
Play Video We haven’t heard much from Rachel Reeves so far this year – probably a deliberate strategy – but is the Chancellor set to make waves next week at the Spring Statement? Rachel Reeves didn’t have a great 2025. UK quarterly GDP growth peaked in Q1 at 0.7 per cent as firms front-loaded their activity to get ahead of Trump’s tariffs before slumping to 0.3 per cent in Q2 and then flatlining at 0.1 per cent for the final two quarters of the …
Wealth DFM
headlinemoney.co.ukSpring Statement: Blockbuster unlikely, but announcements could weigh on UK economy & personal finances
Rathbones has shared a preview of the Spring Statement (on 3 March 2026), setting out what it could mean for the UK economy and personal finances. John Wyn Evans, Head of Market Analysis, at Rathbones, says: “A low‑key Spring Statement may be the most market‑friendly outcome. “Ahead of the Spring Statement, the UK’s fiscal position is stable but far from comfortable. Public sector net debt remains elevated at close to 90–95% of GDP – high by his…
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