March 5, 2026

What does the Spring Statement mean for your finances?

by Francis Jarman

in Financial Planning General News Insights Press Releases

A summary Spring Statement article, breaking down the Chancellor’s recent announcement, outlining what it means for you and helping you to plan for the new tax year – which is almost upon us.

Our platform partner Raymond James has summarised the key points below:

• Spring Statement now mainly an economic update rather than a policy event.
• Growth forecast downgraded slightly (1.1% for 2026).
• Inflation outlook uncertain due to energy prices and geopolitical tensions.
• Fiscal drag expected to increase tax receipts over time.
• Markets largely took the announcement in stride.

Here’s the link: The Spring Statement