BUSINESS LIVE: Budget and OBR Forecasts; Ferrexpo profits cut in half

BUSINESS LIVE: OBR’s Spring Budget and Forecast; Ferrexpo profits halved due to Ukraine war; Fairytale demand boosted Bloomsbury’s sales

Jeremy Hunt will present later today the Spring Budget which promises to be a “budget for growth”, with the chancellor focusing on getting more Brits back to work after a sharp jump in economic inactivity over the past three years.

The Office for Budget Responsibility will also publish its outlook for the UK economy, which will give the chancellor an indication of the Treasury’s ability to help drive growth.

The FTSE 100 fell 0.4 percent in early trade. Among the companies with today’s trading reports and updates are Ferrexpo, Bloomsbury, Burberry, IG Group, Trainline, Keywords and Hyve Group. Read the Wednesday, March 15th Business Live blog below.

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