The Spring Statement is an opportunity for the Chancellor, Phillip Hammond, to update us all on the overall health of the economy and the Office for Budget Responsibility’s (OBR) forecasts for the growth and the public finances.

Mr Hammond also updates on progress made since the 2018 Budget and launches consultations on possible future changes for the public and business to comment on. The Spring Statement doesn’t include major tax or spending changes – these are made at the Annual Budget.

We’ve cut through the boring bits of Mr Hammond’s presentation and summarised the information that we think you will find useful.

Download our Spring Statement 2019 summary