The Chancellor, Rachel Reeves, has asked the Office for Budget Responsibility (OBR) to publish an economic and fiscal forecast on 3 March 2026, alongside a formal statement to Parliament.
As confirmed at the Budget, the Spring Forecast is intended to provide an interim update on the state of the UK economy and public finances. Unlike a full Budget, it will not assess the government’s performance against its fiscal mandate.
As a result, the forecast is not expected to lead to any immediate changes in tax policy. However, clarity will only come once the OBR’s forecast has been published and the Chancellor has responded to its findings in Parliament.
Further details will be analysed once the Spring Forecast is released, and updates will follow as more information becomes available.
Sign up to receive alerts
Read more articles by Sarah
Welcome to our monthly property newsletter. This month, we look at proposals to reform Stamp Duty Land Tax (SDLT), the… This month we look at the ongoing impact of the Renters’ Rights Act, a welcome update on SDLT concerns for… Making Tax Digital (MTD) for Income Tax is now live. Many self-employed individuals and landlords with turnover above £50,000 in… Making Tax Digital (MTD) for income tax is here! From 6 April 2026, the regime will apply to self-employed individuals… During a week largely dominated by news of the conflict in the Middle East, Chancellor Rachel Reeves delivered the Spring… The government has confirmed that the new combined allowance for 100% Agricultural Property Relief (APR) and Business Property Relief (BPR)…
Property Newsletter – July 2026
Property Newsletter – June 2026
Property Newsletter – May 2026
Property Newsletter – April 2026
Property Newsletter – March 2026
Government confirms increased Inheritance Tax relief for farms and businesses