Chancellor Rachel Reeves is set to announce welfare cuts and a boost to defence spending when she delivers a statement to parliament today.
On March 26th, the FTSE 100 initially rose but closed slightly lower. UK inflation unexpectedly dipped to 2.8% ahead of Chancellor Reeves' statement, where she's expected to announce welfare cuts and increased defense spending. Ocado shares surged following an upgrade from JPMorgan. Vistry's shares fell after suspending dividend payments due to profit decline and increased debt.
