We’re going on a growth Hunt

Putting the 2023 Spring Budget in context

This document presents the Resolution Foundation’s overnight analysis of the 2023 Spring Budget. It examines the economic backdrop to Budget 2023, and assesses whether the Chancellor has successfully delivered on his central objective of boosting growth through higher employment and business investment. It concludes that the Chancellor announced an impressively broad suite of policies to encourage more people into work, but Britain’s economy remains stuck in a deep funk: people may be supported into work but they are getting poorer, paying more tax and seeing public services cuts.