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On 3rd March 2026, the Chancellor of the Exchequer, Rachel Reeves, delivered her Spring Statement to Parliament.

In this document we have set out the latest announcements and the related figures.

The statement included a strong political message, with the Chancellor highlighting three areas where the government believes progress is being made:

Cost of living: The OBR forecasts falling inflation, borrowing and debt interest, alongside rising investment.

Borrowing: Borrowing is expected to be around £18 billion lower than forecast in the Autumn, with this year’s figure set to be the lowest in six years.

Economic growth: GDP per person is now forecast to grow 5.6% over the Parliament, higher than previously expected.

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Following this, and to get a summary view of the key announcements, you can now download the Blue Rocket Accounting Spring Statement Summary 2026 for free below! 👇

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We recommend that you review your financial plans regularly as some aspects of the Statement will not be implemented until later dates. We hope this serves as a useful resource.

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