Chancellor has asked OBR to prepare forecasts for the economy and public finances to be presented to parliament
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Jeremy Hunt has announced the date of 6 March for a spring budget, fuelling speculation about an early general election despite the Conservatives trailing in the opinion polls.
With the government under pressure amid the cost of living crisis, the chancellor’s speech to the Commons is widely seen as one of the final opportunities to announce major changes to tax and spending policy ahead of the next election.
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