The Chancellor has announced that UK GDP growth should reach 1.5% in 2018, higher than the 1.4% predicted in his autumn budget.

The first Spring Statement will be delivered by the Chancellor a week from today on 13 March, replacing the traditional March Budget.

In a 2018/19 budget consultation paper released today the Financial Ombudsman Service (FOS) has warned that it is expecting to receive more complaints than the budget it has available to deal with them. 

The Government will publish its Spring Statement on Tuesday 13 March 2018, Chancellor Philip Hammond announced yesterday. The Spring Statement will respond to the forecast from the Office for Budget Responsibility.