At Craven Street Wealth, we aim to keep clients and our professional network informed about financial developments in a clear, timely and accessible way, particularly against a backdrop of ongoing global tensions and economic uncertainty.

The Chancellor, Rachel Reeves, delivered her Spring Statement on Tuesday 3 March alongside the Office for Budget Responsibility’s latest Spring Forecast. In line with the government’s commitment to a single major fiscal event each year, the Statement focused largely on updated economic projections rather than introducing new tax measures, with previously announced policies set to begin taking effect from the new tax year in April.

While the Statement introduced no major new policies, many measures from earlier Budgets will begin to take effect over the coming months and years. This makes it a good time to review plans, particularly around estate planning and the effective use of available allowances.

Click here to Download our Spring Statement 2026 Summary

We hope you find this summary helpful. Should you have any questions or wish to discuss, please do not hesitate to contact us.

Contact us on 0330 320 9280, email: info@cravenstreetwealth.com or complete our online enquiry form to discuss how government policy could impact your financial plans.

The content of this article is for information only and does not constitute formal financial advice. This material is for general information only and does not constitute investment, tax, legal or other forms of advice.

References to legislation and tax is based on our understanding of United Kingdom law and HM Revenue & Customs practice at the date of publication. These may be subject to change in the future. Tax rates and reliefs may be altered. The value of tax reliefs to the investor depends on their financial circumstances. No guarantees are given regarding the effectiveness of any arrangements entered into on the basis of these comments.

You should not rely on this information to make, or refrain from making any decisions. Always obtain independent, professional advice for your own particular situation.

Craven Street Financial Planning Limited is authorised and regulated by the Financial Conduct Authority (FCA). The FCA does not regulate tax advice.