London’s Economy Today editorial – March 2025 March 27th, 2025 by Daryl Rozario, Gordon Douglass, Jubair Ahmed, and Sixia Zhang Chancellor delivers Spring Statement On 26 March the Chancellor of the Exchequer, Rachel Reeves, delivered the 2025 Spring Statement which had a heavy focus on improving government efficiency and increasing spending on defence. The Chancellor thus announced the creation of a £3.25bn Transformation Fund “to support the fundamental reform of public services, seize the opportunities…