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Main highlights from the Chancellor’s Spring statement

In the days building up to the statement, the overwhelming news headline has been around the announcement of benefits cuts allegedly worth £5bn, specifically focusing on personal independent payments (PIP), a key disability benefit.


Following a detailed Autumn budget that saw major tax announcements, it was predicted that
the Chancellor would keep the spring statement ‘limited’ and the focus would be on cuts as well
as the increase in defence spending.

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