The Chancellor set out her first ever Budget less than five months ago, but the UK’s economic outlook has changed considerably since then. Bad news on growth, inflation and borrowing point to a deterioration in the Office for Budget Responsibility’s forecast, leaving the chances of Rachel Reeves meeting her own ‘non-negotiable’ fiscal rules on a knife edge. The Spring Statement is starting to feel a lot like a Spring Budget… How has the economic outlook changed since last Autumn? What are the impacts of any tax and spend decisions the Chancellor has made to meet her fiscal rules? How might they affect households across the income distribution? And what does the latest outlook, and the Chancellor’s response, tell us about Britain’s quest for stronger growth and rising living standards? The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from its overnight analysis of the Spring Statement, we will hear from leading experts on how the UK’s economic outlook has changed, how the Chancellor has responded, and what this means for firms, families and the wider economy. The event will be open for people to physically attend, alongside being broadcast via YouTube and the Resolution Foundation website. Viewers will be able to submit questions to the panel before and during the event via Slido.
