The Treasury promised us a boring non-event, which on the day was massively over-shadowed by events in the Middle East anyway. Ruth Curtice discusses the merits of annual fiscal events, the difficulty of getting growth going, and what to expect in the Chancellor's upcoming (and unprecedented) *second* Mais Lecture, with James Smith (Chief Economist at the Resolution Foundation) and Giles Wilkes (Senior Fellow at the Institute for Government). 

Read 'Understatement of the year' on our website today, for the full detail of our Spring Forecast response.