NEWSLETTER

Welcome to the 2019 Spring Statement Newsletter from Certax Accounting

Chancellor delivers Spring Statement amid 'cloud of uncertainty' Chancellor Philip Hammond's second Spring Statement was delivered against a backdrop of political turmoil, following the voting down of Prime Minister Theresa May's Brexit withdrawal deal. Despite describing the economy as 'remarkably robust', the Chancellor offered a clear warning on the potential impact of a no-deal scenario, which he said would put progress on the public finances 'at risk' and cause 'significant disruption' to the UK economy. The latest forecasts from the Office for Budget Responsibility (OBR) revealed mixed news on the economy, with the OBR revising down its previous UK growth forecast for 2019 from 1.6% to

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