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Edinburgh Live
Edinburgh Live
World
Katie Williams

How Spring Statement 2022 will affect Scottish households as national insurance threshold increases

As reports revealed that inflation hit a 30 year high, Chancellor Rishi Sunak gave his Spring Statement in the House of Commons on March 23 2022.

The February figure from Official National of Statistics showed that the rate of inflation hit 6.2 per cent and Bank of England expect it to reach 7.4 by April.

This comes at a time where the UK is hurling towards a cost of living crisis as energy, fuel and food costs are rocketing.

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