Responding to the Chancellor’s Spring Forecast, CPS Director Robert Colvile said:
‘The Spring Forecast was, like Britain’s economic performance, an overwhelming disappointment. Indeed, a Chancellor can rarely have sounded so excited to announce a downgrade in growth.
‘The Chancellor may well be right to limit policy changes to the autumn Budget – although the Government’s record on U-turns rather gives the lie to that ambition.
‘But the result is that, instead of a proper fiscal statement, we were treated to a parade of empty and often misleading boasts, citing statistics no one else could read – with barely a reference to ongoing global events which may render much of the analysis completely meaningless.
‘Anyone wanting an accurate picture of the state of Britain’s economy would have done rather better to put the whole thing on mute.’
ENDS
NOTES TO EDITORS
- For more information, please contact Emma Revell on 07931 698246 or [email protected], or Melisa Tourt on 07399251110 or [email protected]
- The Centre for Policy Studies is one of the oldest and most influential think tanks in Westminster. With a focus on taxation, economic growth, housing, immigration, and energy abundance, its goal is to develop policies that widen enterprise, ownership and opportunity.
Date Added: Tuesday 3rd March 2026
