The spring weather finally bounced into view at the end of last month, coinciding with a less-than-sunny outlook for UK businesses via Chancellor Rachel Reeves’ Spring Statement. In the lead up to Reeves’ address, there was hope that businesses would be given a reprieve from the tax hikes announced in the last Autumn Budget. In the end, the 26 March statement was labelled a missed opportunity for failing to reduce, or even scrap, the increases announced in October 2024.
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