Andrew Harding wants the UK Government to give operators greater certainty with predictable policymaking, clearer direction and better communication. Credit: PhotoGranary02/Shutterstock.com.

The Chartered Institute of Management Accountants (CIMA) has urged the UK Government to use the upcoming Spring Forecast to reset the country’s economic course for 2026.

In a letter sent to Chancellor Rachel Reeves, CIMA secretary general Andrew Harding set out six policy areas he believes should be prioritised to stimulate hiring, encourage capital investment and foster innovation.

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His proposals centre on giving businesses greater certainty through more predictable policymaking, clearer direction and improved communication from government.

He also highlighted the role of business taxation and incentives in strengthening investment levels and enhancing the UK’s competitive position.

Further measures outlined in the letter include the creation of a more streamlined and balanced personal tax system to underpin work, investment and economic expansion.

The recommendations also include stronger backing for small and medium-sized enterprises (SMEs), efforts to narrow the skills gap and the development of a coordinated productivity strategy.

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Harding said: “The Spring Forecast is a vital opportunity for the government to rebuild confidence and commit to a long-term, pro-growth strategy. We consistently hear from businesses that they need stability, clarity and policy certainty to plan ahead and invest for growth.

“By ensuring the UK has a competitive business tax framework, simplifying the personal tax system, offering targeted SME support and driving a step change in skills provision, the government can send a powerful message for 2026.

“The UK cannot miss this opportunity to support the SME sector, unlock private investment, raise productivity, and build a stronger, more competitive economy.”