Chancellor of the Exchequer Philip Hammond delivered his Spring Statement to Parliament at lunchtime today.
This was his first – already heralded as ‘slimmed down’ – Spring Statement.
He had forewarned the media and Parliament that he would not be making any specific tax or spending changes. These, together with any new governmental policy moves, must wait until his Autumn Budget.
He addressed a surprisingly busy chamber. Updating Parliament on the latest available economic forecast data from the Office for Budget Responsibility (OBR), he reflected on their previous report, from November 2017.
You can download our four-page Spring Statement 2018 briefing note here:
ISJ Independent Financial Planning Spring Statement 2018 Briefing Note
Please let me know if you have any questions.
