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Spring Statement 2025: What UK PMOs and Portfolio Leaders Need to Know

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With the Office for Budget Responsibility (OBR) halving the UKs 2025 growth forecast from 2% to 1% , Reeves argued that action was needed to plug a looming fiscal hole. billion to the defence budget , with funds earmarked for new technologies like drones and even laser air-defence systems for naval ships. The Chancellor announced a 3.25

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