Many households all across the country are preparing for the financial crisis to hit in April as the cost of living continues to rise to record levels. It comes as the Chancellor of the Exchequer announced this week a number of economic decisions laid out in the Spring Budget.
Among these, the threshold for National Insurance contributions will rise to £12,570 which may affect how much you pay in taxes and other bills. Rishi Sunak has defended the package of measures he announced in his spring statement on Wednesday after he had been criticised for not going far enough to those facing falling into poverty due to the rising cost of living.
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