Spring statement: what to look out for

Sunak spring statement 2022

Chancellor to deliver latest spending updates at noon as industry buckles under rising energy costs

Today’s spring statement was not intended to be a major fiscal event - big spending announcements were not expected until this autumn’s full budget. But a rapidly escalating energy crisis, worsened by the impact of Russia’s invasion of Ukraine, has put pressure on Rishi Sunak to act. 

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