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Genre: Economics / Topic: UK
Programme: The Financial Outlook for Personal Investors
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Simon Rose

The Financial Outlook: Financial Statement 23 March 2022

Simon Rose
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The Financial Outlook for Personal Investors

The Financial Outlook: Financial Statement 23 March 2022
Chancellor Rishi Sunak delivers his statement, unabridged and with no additional comment. Major initiatives include a 5p/litre cut in fuel duty for 12 months, simplification and relief for energy saving home improvements, a doubling of household support via local authorities, a £3,000 increase in the National Insurance threshold, and a promise to cut the basic rate of income tax from 20p/£ to 19p/£ by the next election; plus reform of training, R&D credits and capital-raising.

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