Following an Autumn Budget that saw major tax announcements affecting financial advisers and their clients, the Spring Statement should be a more muted event for the profession.
Reeves is expected to attribute spending cuts to global market toil influenced by Trump's presidency, which has driven market jitters over tariff impacts, The Telegraph reported. Further welfare cuts following last week's disability benefit allowance rule tightening are expected to feature as the government looks to make up a £1.6bn shortfall needed to hit her self-imposed fiscal rules, The Times was first to report. The Guardian reported that the additional £500m hoped to be generated from the plans was seen to be required after the Office for Budget Responsibility cautioned that pre...
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