In Focus
Spring statement 2022: key announcements and analysis
The Chancellor of the Exchequer, Rishi Sunak, presented the 2022 spring statement to the House of Commons on 23 March 2022. He said the measures in the statement would support the British people in dealing with rising costs of living. He announced some changes to the tax system and new spending commitments. Alongside the statement, the Office for Budget Responsibility (OBR) published revised forecasts for the economy and the public finances.