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Spring Budget set for 15 March 2023

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The chancellor has announced that the Spring Budget 2023 will be held on 15 March 2023.

In a written statement, Chancellor of the Exchequer, Jeremy Hunt, announced he had asked the Office for Budget Responsibility (OBR) to prepare a forecast for 15 March 2023 to accompany a Spring Budget.

The forecast, in addition to the forecast that took place in November 2022, will fulfil the obligation for the OBR to produce at least two forecasts in a financial year, as is required by legislation.

As usual, the Treasury is inviting ‘representations to be considered as part of decisions which will be taken as part of the Budget’ via a Budget representations portal which will close on 1 February 2023.

Issue: 1602
Categories: News
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