Pressure is building on Rishi Sunak to unveil measures to help struggling households in his spring statement as the cost of living crisis worsens
A briefing from the House of Commons library said the cost of living across the UK has been rising since early 2021, while in January this year inflation reached its highest recorded level since 1992.
But Mr Sunak is also expected to set how a new culture of enterprise, urging the private sector to train, invest, and innovate more. Labour, however, unveiled analysis claiming Mr Sunak was on track to have raised more tax than any chancellor in 50 years, with 15 tax rises in the last two years.
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