Chancellor of the Exchequer Rishi Sunak leaves 11 Downing Street ahead of his spring statement (Aaron Chown/PA) Rishi Sunak’s spring statement promised the first cut in basic income tax by a Conservative chancellor for more than 25 years, but came with economic forecasts that confirmed the UK was heading for its highest tax burden since the late 1940s, as well as the biggest drop in disposable income since records began in the 1950s.
Here are some of the key historic markers and milestones in the latest economic data.
– Highest annual inflation rate since 1991 The UK’s annual rate of […]
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