Hunt announces March 6 Spring Budget

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UK chancellor Jeremy Hunt has announced that the Spring Budget 2024 will be held on March 6.

The fiscal event is seen by Downing Street as a crucial milestone in the run-up to a general election expected next year, with tax cuts widely expected.

Hunt has also commissioned the Office for Budget Responsibility, the fiscal watchdog, to prepare an economic and fiscal forecast to be published alongside the Budget.

This is a developing story

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