Spring Statement 2018
Headline points from the 2018 Spring Statement.
The Chancellor delivered his first Spring Statement to Parliament on 13 March 2018, providing an update on the overall health of the economy and the Office for Budget Responsibility (OBR) forecasts. The statement also considered progress made since Autumn Budget 2017, and invited people and businesses to give their views on changes the government is considering.
The Chancellor was quick to remind Parliament that the Treasury has committed an additional £9bn in health and social care funding, with £4bn going to the NHS in 2018/19 alone. This come alongside a ‘pay modernisation scheme’ for nurses as part of the Agenda for Change.
Our briefing explores the headline points.
