Next Wednesday (23 March), the Chancellor will deliver his third Spring Statement. Rishi Sunak will once again come to the House of Commons in a climate of uncertainty, with the rising cost of living and conflict in Ukraine adding to ongoing challenges around the pandemic and economic recovery. 

Commenting on the forthcoming Statement, Stephen Marcos Jones, ACE CEO said: “While we do not expect significant announcements for construction and the built environment, we will be keeping a close eye on the measures shared by the Chancellor to support Government ambitions on Net Zero and Levelling Up. 

“ We expect there to be a focus on the conflict in Ukraine, but we  need to ensure that any moves to promote energy independence do not come at the expense of national Net Zero targets.” 

To help ACE members digest the announcements of Budget day, we are hosting an exclusive webinar on Thursday 24 March at 12.00pm. The expert panel of business and industry experts will analyse the announcements made by the Chancellor, what they mean for construction and the built environment, and any potential impact on recovery. 

Joining your host, Stephen Marcos Jones (CEO ACE and EIC) are Dave Beddell (AECOM and ACE chairperson), Sam Alvis (head of economy, Green Alliance), Louise Hellem (Director of Economic Policy, CBI) and Guto Davies (head of policy, ACE and EIC). The webinar is free to anyone working for an ACE or EIC member. 

Stephen Marcos Jones added: “Attendance is a must for anyone wishing to understand the impact of the announcements in the Spring Statement on their businesses’ bottom line; what new opportunities might emerge in the near future, and how ambitions on Net Zero and Levelling Up will be achieved.” 

Browse all our Spring Statement coverage.