Chancellor Rishi Sunak delivered his Spring Statement today amid mounting pressure to tackle the UK's devastating cost of living crisis which has seen the price of fuel and energy skyrocket.
Despite the Chancellor announcing a 5p drop in fuel duty per litre and a major National Insurance change that will save low-income workers £330 a year, families are still set to be rocked by the rising rate of inflation, which today hit a 30-year high of 6.2 per cent - and is forecast to climb even higher later in the year.
All this comes on top of the energy bill hike announced earlier this year, which will see millions of households pay almost £700 more from April this year.
