de Jong and Phillips LLP

First Spring Statement heralds the ‘light at the end of the tunnel’

First Spring Statement heralds the ‘light at the end of the tunnel’

Chancellor Philip Hammond has presented his first Spring Statement, with something of a Spring in his step.

Responding to the latest economic forecasts from the Office for Budget Responsibility, Mr Hammond revealed that the economy is expected to grow at the faster rate of 1.5% in 2018 compared with the 1.4% forecast iin the Autumn Budget.

We’ve summed up the key announcements which you can read about here.

If you have any questions about the Spring Statement and how it affects you please get in touch

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