What did we learn from the Spring Statement?
From The Rundown by PoliticsHome by PoliticsHome
March 6, 2026 · 34 min
About this episode
The episode discusses the implications of the Spring Statement on the economy amidst global challenges.
This week on The Rundown host Alain Tolhurst takes a look at the state of the economy after a low-key Spring Statement from the Chancellor Rachel Reeves. She unveiled figures from the OBR which suggested there were the green shoots of a potential recovery, only for the outbreak of war in the Middle East to send shockwaves through global markets, threatening another period of stagflation which could choke off any longed-for growth. To discuss whether Reeves was right to try and not make headlines and stick to the Government's promise of just one fiscal event per year - or if she is being too passive in the face of global headwinds and a failure to make a dent in unemployment, on the panel is Labour MP Luke Murphy , who sits on the Treasury select committee, alongside James Smith , chief economist at the Resolution Foundation think tank, and Nick Ridpath , research economist at the Institute for Fiscal Studies. To sign up for our newsletters click here This year's Women in Westminster: The 100 is out for 2026. Supported by Lloyds Banking Group , it is a celebration recognising the outstanding achievements of women and the vital role they play in shaping public life. Click here to…
People in this episode
Host: Alain Tolhurst
Guests: Luke Murphy, James Smith, Nick Ridpath
Topics covered
- economy
- Spring Statement
- stagflation
- unemployment
- global markets
Keywords
- Spring Statement
- Rachel Reeves
- stagflation
- economy
- unemployment
- global markets
- Labour MP
Sponsors
Lloyds Banking Group
Mentioned in this episode
Organizations: Resolution Foundation, Institute for Fiscal Studies
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