Spring Budget 24: UK economy to grow more in 2024 and 2025 than previously forecast

OBR upgrades growth forecasts

Valeria Martinez
clock • 3 min read

The UK economy is set to grow more than forecast in the Autumn Statement over this year and next, Chancellor Jeremy Hunt has said in his Spring Budget statement today (6 March).

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Airtel Money confirms plans to float on LSE
UK

Airtel Money confirms plans to float on LSE

Seeking valuation of $9bn

clock 23 September 2026 • 2 min read
OCO Global's Andrew Webb: How Bank of England could help ease Healey's fiscal bind
UK

OCO Global's Andrew Webb: How Bank of England could help ease Healey's fiscal bind

‘Radical’ option

Andrew Webb
clock 23 September 2026 • 2 min read
Government borrowing surges £3.5bn above OBR forecast in August
UK

Government borrowing surges £3.5bn above OBR forecast in August

19% increase to £18.3bn

clock 22 September 2026 • 2 min read
Trustpilot