We have put together a round-up of all the latest news, weather, and travel information for Thursday, March 24 that will get you caught up and ready for the day as measures are announced in the Spring Statement to combat the cost of living crisis in the UK. Chancellor Rishi Sunak made several announcements, such as cutting petrol and diesel prices by 5p a litre, and changing the income threshold above which people start paying National Insurance will be also lifted to £12,500, giving people an effective £360 tax cut.
Other announcements focused on income tax, energy efficiency and other taxes and support payments - you can read more about what these mean if you live in Wales here. However, there has been criticism that these measures aren't doing enough for those affected by the cost of living after it was announced that inflation has hit a new 30 year high.
Criticism has been vocalised by the Labour-run Welsh Government. Rebecca Evans, Minister for Finance and Local Government, said: "People will be right to feel let down by today’s threadbare statement. Bills are rising rapidly and disposable income is falling, but there is not enough in today’s statement that recognises the struggle many are facing.
