BBC News — Business: Economy

When Is the Spring Statement and What Might Be in It?

Chancellor Rachel Reeves will deliver the UK Spring Statement on 3 March 2026, presenting the latest Office for Budget Responsibility (OBR) economic forecasts. The OBR outlook on growth, inflation, unemployment and public finances will be published after the speech via the gov.uk platform. No major tax or spending reforms are expected, as the government saves substantive policy changes for the annual autumn Budget. Current figures show modest GDP growth, cooling yet still elevated inflation, and a rising unemployment rate, highlighting fiscal pressures ahead.