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Spring Statement set for 26 March

The Chan­cel­lor will deliv­er her Spring State­ment to the House of Com­mons on Wednes­day 26 March 2025.

Rachel Reeves con­firmed the date to the House of Com­mons, telling MPs that the Office for Bud­get Respon­si­bil­i­ty (OBR) has been com­mis­sioned for an Eco­nom­ic and Fis­cal Fore­cast to be pub­lished on the same day.

This is in line with the Bud­get Respon­si­bil­i­ty and Nation­al Audit Act 2011 which requires the OBR to pro­duce two fore­casts each finan­cial year. This will be accom­pa­nied by a state­ment to par­lia­ment from the Chan­cel­lor.

A gov­ern­ment state­ment said:

‘The Chan­cel­lor remains com­mit­ted to one major fis­cal event a year to give fam­i­lies and busi­ness­es sta­bil­i­ty and cer­tain­ty on upcom­ing tax and spend­ing changes and, in turn, to sup­port the gov­ern­men­t’s growth mis­sion.’

Inter­net link: GOV.UK