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Spring Statement

United Kingdom economic statement delivered by the Chancellor of the Exchequer

Spring Statement    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

The Spring Statement of the British Government, also known as the "mini-budget", is one of the two statements HM Treasury makes each year to Parliament upon publication of economic forecasts, the second being the Autumn Statement presented later in the year. At 2016's autumn statement, it was announced the budget would move to the autumn, with a spring statement taking place the following year. Both usually involve speeches in the House of Commons by the Chancellor of the Exchequer. The Spring Statement for 2019 took place in March 2019. In 2020 the spring statement was upgraded to a full budget following cancellation of autumn 2019's budget. and additional statements were made in summer and autumn 2020. In 2021 the spring statement was also replaced by a full budget.

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Badenoch: Reeves' Spring Statement is all smoke and mirrors [Video]

Badenoch: Reeves' Spring Statement is all smoke and mirrors

Kemi Badenoch has accused Rachel Reeves' Spring Statement as being "all smoke and mirrors", pointing to rising inflation, increased unemployment and low growth. The Conservative Party leader added,..

Credit: ODN     Duration: 01:32Published

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