Spring Statement 2025: A summary
A summary of the announcements in Spring Statement 2025 and an overview of the latest economic forecasts.

Profit Related Pay. By Antony Seely. SN/BT/770.
Profit Related Pay (153 KB , PDF)
Profit Related Pay. By Antony Seely. SN/BT/770.
Profit Related Pay (153 KB , PDF)
A summary of the announcements in Spring Statement 2025 and an overview of the latest economic forecasts.
The bill would abolish the Institute for Apprenticeships and Technical Education and transfer its functions to the Department for Education.
Ahead of the 2025 Spring Statement on 26 March, this briefing explains what will happen on the day and summarises the economic situation.