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The Lead Untangles: The Spring Statement

Civil service job losses, no tax rises and more - what the Chancellor Rachel Reeves announced and what it all means, Zoë Grünewald takes you inside the Spring Statement

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Zoe Grunewald
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The Lead
Mar 27, 2025
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Rachel Reeves delivering the Spring Statement to the House Pic: UK Parliament/Flickr

At a glance facts

On Wednesday, the chancellor unveiled her latest Spring Statement - the second in Labour’s financial announcements since entering government.

In it came a fresh set of cuts to government spending and no tax raises, as the Rachel Reeves blamed a reduction …

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