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	<title>fiscal drag Archives - Philip J Milton &amp; Company Plc</title>
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		<title>What is likely to happen in today’s Spring Statement?</title>
		<link>https://www.miltonpj.net/2025/03/26/what-will-be-in-the-spring-statement/</link>
		
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		<pubDate>Wed, 26 Mar 2025 11:43:13 +0000</pubDate>
				<category><![CDATA[Weekly Columns]]></category>
		<category><![CDATA[defence spending]]></category>
		<category><![CDATA[Spring Statement]]></category>
		<category><![CDATA[spending cuts]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[civil service cuts]]></category>
		<category><![CDATA[Philip J Milton comment]]></category>
		<category><![CDATA[fiscal drag]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[UK economy]]></category>
		<category><![CDATA[Labour]]></category>
		<category><![CDATA[public sector pay]]></category>
		<category><![CDATA[Parliament]]></category>
		<category><![CDATA[chancellor Rachel Reeves]]></category>
		<guid isPermaLink="false">https://www.miltonpj.net/?p=11748</guid>

					<description><![CDATA[<p>The Spring Statement is ‘not a Budget’ says the Chancellor as she prepares to unveil her plans for the UK economy in Parliament today (Wednesday). Rachel Reeves has already pledged she will not be raising taxes, saying this would only happen with ‘one financial event a year’ – the Autumn Budget but measures announced will [&#8230;]</p>
<p>The post <a href="https://www.miltonpj.net/2025/03/26/what-will-be-in-the-spring-statement/">What is likely to happen in today’s Spring Statement?</a> appeared first on <a href="https://www.miltonpj.net">Philip J Milton &amp; Company Plc</a>.</p>
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