Following his Autumn Statement 2021, Rishi Sunak is expected to deliver an update on the health of the UK economy and public finances in a Spring Statement next week, on 23 March at noon.
All eyes are on the Chancellor who is facing intense pressure to help struggling families in this month's statement by easing the cost of living crisis, which has been intensified by the Russian invasion of Ukraine. Sunak has already announced some targeted support to help ease household finances, such as the energy bills and council tax rebate package. According to Aegon, the big question is will the Chancellor go further to ease the financial pressures people are facing? It considered whether there would be changes to recently announced initiatives that may have been affected by develo...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes