Rachel Reeves, Of Britain The Chancellor of the treasury excluded him Spring statementA type of mini-budget. Official forecasts reduced the expected growth of the economy by 1% this year and the government is facing high borrowed costs, Ms. Reeves announced more deduction for disability allowance and strict eligibility requirements for disability allowances. This, he said, will allow it to be kept within his fiscal rules. No tax was increased, and defense spending was increased. The annual inflation was estimated to come at 3.2% in 2025, which was from the previous estimate of 2.6%.