[Rishi Sunak's spring statement at a glance:
Fuel duty cut by 5p per litre for a year from 6pm tonight
VAT on household green energy equipment
like solar panels and heat pumps is scrapped
Household Support Fund,
a grant for councils to give to
most vulnerable households, doubled to £1billion
National Insurance threshold - the salary at which
it starts to be paid - increased by £3,000 to £12,570
Sunak says it is £6billion tax cut for 30 million people
Office for Budget Responsibility (OBR) has
lowered growth forecast to 3.8 per cent this year,
falling to 1.8 per cent in 2023 and then 2.1 per cent,
1.8 per cent and 1.7 per cent in 2024-6
Inflation expected to hit 7.4 per cent
this year. Sunak: 'People should know we will stand
by them as we have in the past two years'
Debt interest payments hit £83billion
this year due to inflation]
https://www.dailymail.co.uk/news/art...ng-crisis.html