Europe Intelligence Brief for Tuesday, March 3, 2026

2026-03-03 - 18:13

What matters today 1 UK Spring Statement: OBR cuts 2026 growth forecast to 1.1% — Chancellor Reeves delivers Spring Forecast as Iran war casts shadow; OBR downgrades GDP from November’s 1.4% to 1.1% for 2026 but raises 2027–2028 to 1.6%; borrowing down nearly £18B vs Autumn; fiscal headroom rises to £23.6B; unemployment forecast peaks at