In this snap reaction episode, Anna Leach (IoD Chief Economist) and host Ben Walker break down the Chancellor’s Spring Forecast and the latest outlook from the Office for Budget Responsibility. With no new tax announcements but higher public spending and shifting fiscal headroom, what does it mean for business confidence and competitiveness?

We explore downgraded growth projections, pressure on the labour market, rising employment costs, and why the UK’s economic outlook is becoming increasingly fragile.