Chancellor Rachel Reeves is delivering the Spring Statement 2025 today. She has begun by saying that her party was elected to bring "change", "security for working people", and to "deliver a decade of national renewal".
She also said that her fiscal rules outlined in the Autumn Budget are non-negotiable and are needed to deliver stability amidst global economic uncertainty.
She has also pledged to update HMRC’s capacity to crack down on tax evasion. She also informed that she has met her stability and investment rules two years early.
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