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Chancellor Announces Spring Statement Date

Image result for Philip Hammond

The Chancellor of the Exchequer, Philip Hammond, has announced that the government will respond to the forecast from the Office for Budget Responsibility (OBR) in a Spring Statement on Wednesday 13 March 2019.

The slimmed down fiscal announcement will be held just 17 days before the UK is scheduled to leave the EU.

In line with Hammond’s intentions as laid out in his 2016 Budget, there will be only one major fiscal event this year – the Autumn Budget.

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