One of the big headliners in the Spring Statement was the cut in basic rate income tax from 20% to 19% from April 2024.
The Spring Statement ignores the needs of the elderly and will lead to a rise in pensioner poverty, according to Baroness Ros Altmann.
Phillip Hammond has delivered his first Spring Statement today.
The first Spring Statement will be delivered by the Chancellor a week from today on 13 March, replacing the traditional March Budget.
The Government will publish its Spring Statement on Tuesday 13 March 2018, Chancellor Philip Hammond announced this week.
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