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    Spring Statement

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Monday, 17 October, 2022
      FT live news
      Live news updates from October 17: UK chancellor axes almost all tax cuts, Goldman Sachs plans reorganisation
    • Monday, 26 September, 2022
      Bank of England
      Andrew Bailey: ¯\_(ツ)_/¯

      “Yeah I’m watching”

    • Tuesday, 26 April, 2022
      UK public finances
      UK government borrowing halves as economy rebounds from lockdowns

      Economists say strong tax receipts give the chancellor more scope to address cost of living crisis

      Rishi Sunak
    • Friday, 25 March, 2022
      Camilla Cavendish
      Where Britons wanted reassurance, Sunak has delivered cynicism

      This government has not thought about the fairest way to share the pain as a cost of living crisis looms

      Jonathan McHugh illustration of Rishi Sunak for Camilla Cavendish column ‘Where Britons wanted reassurance, Sunak has delivered cynicism’
    • Friday, 25 March, 2022
      The FT ViewThe editorial board
      No winners in Rishi Sunak’s fiscal drag race

      Higher inflation and frozen income tax thresholds undermine attempts to cut tax

      UK prime minister Boris Johnson listens as chancellor Rishi Sunak presents the Spring Budget statement to MPs in the House of Commons
    • Friday, 25 March, 2022
      Tax
      Spring Statement: what’s in it for investors and householders?

      The economy is expected to grow, but the hit to our pockets will be as big as in the worst recessions

    • Friday, 25 March, 2022
      Helen Thomas
      Why the government’s bid to boost business investment could fail

      Chancellor’s Spring Statement made no mention of the once-trumpeted Plan for Growth — and that is part of the problem

      Rishi Sunak
    • Thursday, 24 March, 2022
      News in-depthRishi Sunak
      Government needs to ‘do more’ on cost of living crisis, says Johnson

      Shine comes off UK chancellor Rishi Sunak after his Spring Statement gets a poor reception

      montage of chancellor Rishi Sunak
    • Thursday, 24 March, 2022
      News in-depth
      Rishi Sunak’s tax-cutting claims challenged by UK think-tanks

      Institute for Fiscal Studies and Resolution Foundation say majority of workers will see their taxes rise

    • Thursday, 24 March, 2022
      Chancellor’s tax savings offset by changes to student loan repayments

      Economists warn that Spring Statement benefits older generations at expense of younger graduates

    • Thursday, 24 March, 2022
      Cost of living crisis
      Sunak hints at more UK energy bills relief in the autumn

      UK chancellor responds to criticism that he failed to provide enough help to ease the cost of living crisis

    • Wednesday, 23 March, 2022
      Sunak banks public finances windfall for pre-election tax cut

      UK chancellor cuts fuel duty and raises national insurance threshold but ignores calls for tax on energy companies

      Rishi Sunak
    • Wednesday, 23 March, 2022
      News in-depth
      Chancellor provides minimal help to households on cost of living crisis

      Sunak focuses on banking tax revenues ready for giveaways in run-up to next election

      Rishi Sunak
    • Wednesday, 23 March, 2022
      Sunak’s cost of living measures fail to impress in Leicester

      Soaring prices are already driving many into poverty, say charities and social workers

    • Wednesday, 23 March, 2022
      Helen Thomas
      Sunak serves up weak sauce for business

      Companies, like households, got negligible support for near-term pressures and few answers on longer-term priorities

      Rishi Sunak visits a Wagamama restaurant in London
    • Wednesday, 23 March, 2022
      England’s hospitals and schools warn of cuts after Sunak snub

      Refusal to provide extra funding will lead to real term decrease of more than 10% to budgets

    • Wednesday, 23 March, 2022
      UK Inequality
      Britain’s poorest left to bear brunt of squeeze on cost of living

      Chancellor focuses support towards working families and middle- and high-income earners

    • Wednesday, 23 March, 2022
      Taxpayers face additional £500mn bill for Bulb Energy bailout

      Office for Budget Responsibility estimates support will now total £2.2bn

      Bulb logo on phone with gas burner in background
    • Wednesday, 23 March, 2022
      Martin Wolf
      Sunak fails to address the hit to living standards

      It is hard to see a good justification for the chancellor’s decision to leave the most vulnerable worse off

      Rishi Sunak gesturing as he presents the Spring budget statement to MPs at the House of Commons
    • Wednesday, 23 March, 2022
      The FT ViewThe editorial board
      A very political Spring Statement

      Chancellor pleases his own party but does little to help the poorest

      Rishi Sunak’s statement was politically shrewd: using inflation to obscure an overall rise in taxes and reduction in the pace of spending increases lessens the potential backlash
    • Wednesday, 23 March, 2022
      Lex
      Sunak seeks tax system overhaul to boost business investment Premium content

      Chancellor’s smorgasbord of ideas should have laid out principles that are likely to survive companies’ investment cycles

      Rishi Sunak
    • Wednesday, 23 March, 2022
      News in-depth
      Tax cut a sign of Sunak’s grim political and economic situation

      Postdated announcement was rare piece of positive news in Spring Statement dripping in red ink

    • Wednesday, 23 March, 2022
      Robert Shrimsley
      Sunak tries to restore his fortunes with help for Tory targets

      Chancellor’s most political move resurrected the old notion of the deserving and the undeserving

      Ellie Foreman-Peck illustration for Robert Shrimsley on Rishi Sunak
    • Wednesday, 23 March, 2022
      Henry Mance
      ‘Low tax’ Rishi Sunak struggles with ratings deflation

      The cost of living next to Boris Johnson weighs heavily on UK chancellor as he tries to roll back the years

    • Wednesday, 23 March, 2022
      Chancellor promises tax cuts for business investment

      Rishi Sunak sets out options to replace tax break on capital spending that ends next year

      Two scientists at work in a lab at a medical research company in Oxford
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