This is undoubtedly going to be a tough year for millions of families up and down the country, and the prospect of a tax cut two years out will do nothing to ease that pain, writes Sky's political editor Beth Rigby.
And his final flourish was the promise of an income tax cut - the basic rate being cut by 1p to 19p - by 2024.But put this in context and this is not a big giveaway.
Watch for further support coming in the autumn budget - if not before - as the energy price cap for domestic bills could rise from almost £2,000 in April to about £3,000 in October. So for now, Mr Sunak is reserving some of his firepower, aware that in the coming months he could even be forced to come back - as he did with the £9bn energy and council tax package in February - and offer more support to struggling consumers, particularly for the poorest households who were overlooked in this statement.
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