While this Spring Statement may have lacked headline-grabbing reforms, its message was clear: stability first, change later.
For individuals, there are small signs of progress – rising household incomes, a firmer grip on inflation, and continued investment in defence and infrastructure.
For businesses, however, the Statement brings more caution than comfort.
There is no rollback of last year’s tax rises, no fresh reliefs, and no new incentives to drive growth or innovation.
Yet amidst the silence, there are signals – economic forecasts are improving, consumer spending may rise, and targeted investment could support job creation and local economies.
If the Autumn Budget was about making bold moves, the Spring Statement is about holding the line.
Now is the time for business owners and individuals to assess their position and review their tax planning strategies with their accountant.
To read the full Spring Statement released by the Government, please click here.