spring statement
noun/ˌsprɪŋ ˈsteɪtmənt/
/ˌsprɪŋ ˈsteɪtmənt/
- (since 2018) a British government statement made every year in the spring about the economy and the government's future economic plans. In the past this statement was made in the autumn, and called the autumn statement.
- The Chancellor announced in his spring statement that he would lower income tax.
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spring statement