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Breaking News 3 Mar 2026 Trade & Economy2 min

Spring Statement Fails to Boost Growth as OBR Delivers Bleak Outlook

Breaking News: Jeremy Hunt’s Spring Statement offered limited tax cuts alongside a significant downgrade to UK economic growth forecasts. Jeremy Hunt delivered his Spring Statement to Parliament today, unveiling modest tax reductions overshadowed by revised economic forecasts from the Office for Budget Responsibility (OBR). The OBR now predicts UK economic growth of just 0.8% this […]

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