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

Construction Industry Training Board Levy is paid by eligation construction firms. Money raised is used to pay for training and skill development.
Construction Industry Training Board Levy (192 KB , PDF)
The Construction Industry Training Board Levy must be paid by eligible construction businesses.
The Levy is used to help train employees, to help skills development in the construction industry, and ensure high health and safety standards.
This note outlines the history and statutory background of the Levy. It details which companies are eligible to pay the Levy and the conditions under which companies are exempt. The key things which the Levy is used to pay for are also discussed.
Further information on the sector can be found in the House of Commons Library Standard Note on the Construction Industry.
Construction Industry Training Board Levy (192 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.
Inflation measures the change in prices over time. Find the latest data on changes in UK consumer prices, measured by CPI and RPI.