What fiscal moves will surprise in UK chancellor Sunak's Spring Statement?

Mark Battersby
clock • 4 min read

UK chancellor Rishi Sunak is under pressure to deliver some sort of package for UK households at next week's Spring Statement, to cushion the effects of a probable cost of living crisis this year and possibly next. That pressure has grown - as has his scope to deliver such a package - since it became clear this week that much stronger than expected tax receipts this year mean that the Government is on course to borrow about £23bn less than the Office for Budget Responsibility had forecast at the October Budget (£183bn compared to an out-turn of closer to £160bn). Moreover the Institut...

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