Spring Statement

The Spring Statement of the British Government, also known as the "mini-budget", is one of the two statements HM Treasury makes each year to Parliament upon publication of economic forecasts, the second being the Autumn Statement presented later in the year. At 2016's autumn statement, it was announced the budget would move to the autumn, with a spring statement taking place the following year. Both usually involve speeches in the House of Commons by the Chancellor of the Exchequer. The Spring Statement for 2019 took place in March 2019. In 2020 the spring statement was upgraded to a full budget following cancellation of autumn 2019's budget.[1][2] and additional statements were made in summer and autumn 2020.[3] In 2021 the spring statement was also replaced by a full budget.[4]

  1. ^ Harding, Latoya; Ashworth, Louis (11 March 2020). "Budget 2020: When is it and what can we expect?". The Telegraph.
  2. ^ Partington, Richard (7 January 2020). "Budget 2020: what will Sajid Javid announce?". TheGuardian.com.
  3. ^ David, Dharshini (7 July 2020). "Can Rishi Sunak save your job? Five things he may do". BBC News. Retrieved 8 July 2020.
  4. ^ "Chancellor Rishi Sunak reveals date of next Budget". BBC News. 17 December 2020. Retrieved 17 December 2020.

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