How Rishi Sunak’s changes on national insurance, fuel duty and income tax affect consumers
- Calculator: how will your income change?
- Sunak lowers fuel duty by 5p and promises income tax cut
- Spring statement: key points at a glance
- Spring statement: live updates
Rishi Sunak’s spring statement included several measures designed to help UK households cope with the rising cost of living.
According to the Office for Budget Responsibility, despite the measures real household disposable incomes are set to fall by 2.2% in 2022-23 – the largest drop in a single financial year since records began in 1956-57.
