Spring statement: what to look out for

By Tom Lowe2022-03-23T07:00:00

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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