spring statement

Lower-income households set to become £500 a year poorer

28th March 2025 Consumer Collections | #lower income #poor households #spring statement

The combination of a weak economic outlook and benefit cuts that fall disproportionately on lower-income families means that living standards are on track to fall over the next five years for the poorest half of households by £500 on average, according to the Resolution Foundation’s overnight analysis of Spring Statement 2025. Key findings include: A…

SPRING STATEMENT: Growth figures highlight economy urgency – business industry reaction

27th March 2025 Commercial Credit Management | #economy #spring statement

The Chancellor, Rachel Reeves, has delivered her Spring Statement outlining the Government’s economic plans. Responding to the announcement, Policy Chair of the Federation of Small Businesses (FSB), Tina McKenzie, said “Today’s growth figures are a stark reminder of the urgent need to get the economy moving. The whole of Government must now step up and…

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spring statement

Lower-income households set to become £500 a year poorer

SPRING STATEMENT: Growth figures highlight economy urgency – business industry reaction

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