27 Mar 2025
by Carys Davis

News from the Spring Statement

It’s clear the Chancellor’s had to make tough decisions, with little room for manoeuvre, and in an unstable international climate.

But yesterday’s Spring Statement provided little comfort for anyone steering a business through challenging times. Confidence is low following last Autumn’s Budget – instead of hiring and spending, BOSS members are bracing themselves for increases in Employer NICs and National Living Wage, set to hit next week.

The business supplies industry is keen to invest, boost productivity and grow. It’s always been adaptable and resilient – but it wants to thrive, not merely survive. The Government now needs to turn its attention to targeted business support and deliver the confidence business needs to work towards the growth objective together.

To read the statement in full, click on the button below: