London Daily
Focus on the big picture.

LONDON DAILY ARCHIVE

Sunak defends measures laid out in Spring Statement

The chancellor says the measures contained tax cuts that will reward people for their hard work.

24 March 2022 · 23:06 UTC

Rishi Sunak has defended the measures set out in the Spring Statement on Wednesday, saying it contained tax cuts that will reward people for their hard work.

The chancellor said dealing with coronavirus, which he called the biggest economic shock in more than 300 years, has been "exceptional".

The Office for Budget Responsibility has said living standards are set to take the biggest hit since records began in the 1950s.

Open archived embedded content