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As it happened: Sunak unveils '£6bn tax cut' and slashes fuel duty in Spring Statement
23 March 2022, 11:04 | Updated: 23 March 2022, 15:06
Chancellor Rishi Sunak set out his Spring Statement today as figures show inflation soaring to a 30-year high.
Rising energy, goods and food prices helped push inflation to increase 6.2% in the 12 months to February, Office for National Statistics (ONS) figures revealed on Wednesday morning, hours before Mr Sunak's speech.
Ring Rishi: Join Iain Dale from 7pm this evening for an exclusive phone-in with the Chancellor
Families are being hammered by rising living costs sparked by the pandemic and exacerbated by Russia's invasion of Ukraine.
Follow all the developments from PMQs and the Spring Statement LIVE here