Today's Spring Statement: What is the Chancellor likely to do to cushion the blow of soaring everyday costs while doing whatever he can to keep the economy growing? ✍️ by JonPrynn
- had been expected to peak at around seven per cent in Spring and fall away quickly. But with the oil price at around $100 a barrel, gas wholesale prices at unprecedented levels and the cost of filling up at all-time highs, City economists fear it could even touch 10 per cent – and stay high for the rest of the year.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Don’t expect much from Rishi Sunak’s Spring StatementThe chancellor does not want expanded spending to define him, says our economics editor.
Read more »
Rishi Sunak handed borrowing boost before spring statementFigures could improve chances of tax cuts, but inflation drives up cost of government debt
Read more »
Spring Statement: Borrowing figures give Rishi Sunak 'wiggle room'One influential economist says government borrowing this year could be about £25bn less that expected.
Read more »
Pressure mounts on Rishi ahead of 'crucial' spring statement as cost of living soarsPressure is building on Rishi Sunak to unveil new plans to help struggling households as he is set to vow to 'stand by' British families amid the deepening cost of living crisis.
Read more »
Spring Statement: Will Rishi Sunak help where it really hurts?Don't roll the drums for big financial drama when the chancellor delivers his speech on Wednesday.
Read more »