Spring statement: Hammond nods to social care

Quiet on personal finance

Hannah Godfrey
clock • 2 min read

Three year spending review to be published alongside the next Budget - on condition that UK manages to strike deal with EU

The spring statement was as quiet for personal finance as many predicted, with no reference made to pensions or retirement by the Chancellor of the Exchequer. Speaking in the House of Commons on Wednesday afternoon (13 March), Philip Hammond did not utter a single word on pensions throughout his half an hour speech. The statement's supplementary documents also offered nothing new in the realm of retirement. However, the Chancellor did offer a cursory nod to social care as he announced a three year spending review to be published alongside the next Budget - on the condition that the UK...

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