Published: 27-Mar-25 | By APSCo Asia

APSCo OutSource Spring Statement Summary 2025

Chancellor Rachel Reeves in the Spring Statement announced her determination to go “further and faster” to kickstart growth, a significant challenge given that whilst inflation slightly reduced in February to 2.8%, the Office of Budgetary Responsibility (OBR) slashed the country’s growth prediction for 2025 from 2% to 1%, albeit indicating increases in subsequent years.

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