Spring statement 2022: what it means for you
by Hilary Osborne from on (#5XE2X)
How Rishi Sunak's changes on national insurance, fuel duty and income tax affect consumers
- Calculator: how will your income change?
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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.
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