Chancellor Rachel Reeves' Spring Statement will feature limited tax measures, reflecting a constrained policy approach due to economic pressures and rising borrowing costs. The Office for Budget Responsibility has revised its forecasts, indicating decreased economic growth and higher government borrowing, which will inform the Spring Statement. Anticipated cuts to welfare spending are poised to be the largest in a decade. This statement raises concerns about the feasibility of securonomics, particularly regarding defense investment, and highlights potential austerity measures.