News & Insights

Chancellor Rachel Reeves has pledged that she will stick to one major fiscal event a year with no major tax announcements in the Spring Forecast Statement. However, events may well overtake her and the wider economic and public finance situation demand prompt action.
Neither public spending plans nor the UK’s economic growth are where the government is aiming for them to be. Here we look at how Ms Reeves may address those issues on 3 March.

As Rachel Reeves prepares for the Spring Forecast Statement in March, it’s an opportune moment to review her fiscal journey since being appointed Chancellor in 2024. Ms Reeves has faced significant challenges, from inheriting what the government described as a £22 billion ‘black hole’ in the public finances, to navigating global economic uncertainty and rising borrowing costs.
Here we examine her major fiscal statements, their impact on business and the wider economy, and look forward to Reeves’ Spring Forecast Statement 2026.

Welcome to our January Newswire.
With the end of tax season fast approaching, the 31 January deadline will signal the close of one of the busiest periods in the professional calendar.

Welcome to our January Newswire.
With the end of tax season fast approaching, the 31 January deadline will signal the close of one of the busiest periods in the professional calendar.

HMRC have published guidance on what to do to disincorporate a company.

At Mercia, we watched the Autumn Budget with great interest, despite the OBR blunder that led to the details being widely leaked before the Chancellor had a chance to address Parliament.