Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Japan’s latest alcohol advice: please drink more
    • Fed officials signal restrictive rates may be needed ‘for some time’
    • Covid can cause brain disorders two years after infection, study shows
    • Taiwan tensions force multinationals to rethink China risk
    • Top US health official admits ‘dramatic mistakes’ in tackling Covid
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Mark Wahlberg-backed gym chain F45 goes from ab crunches to credit crunch
      • Average pay for PwC’s UK partners tops £1mn for first time
      • Jim Ratcliffe declares interest in buying Manchester United
      • Germany’s Uniper on the ‘brink of insolvency’ after €12bn loss
      • Toyota and Foxconn hit as drought leads to record low Yangtze River level
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
      Most Read
      • University student makes $110mn trading meme stock favourite Bed Bath & Beyond
      • Taiwan tensions force multinationals to rethink China risk
      • City of London regulators to face shake-up under Liz Truss
      • ‘Shock the market’: Wall Street’s original ‘Dr Doom’ tells Fed to toughen up
      • Quant funds support market rally by ramping up bets on US stocks
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
      Most Read
      • The truth that set Liz Cheney free
      • It’s time for Europe to ask Norway to cut the price of gas
      • China’s chip breakthrough poses strategic dilemma
      • Anshu Jain, banker, 1963—2022
      • Successful leaders don’t worry about party unity
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Business Book of the Year 2022 — the longlist
      • Michelle O’Neill: ‘What I won’t allow is the unravelling of the Good Friday Agreement’
      • FT business books: what to read this month
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • The village wedding caught in the Taliban’s battle for Kabul
      • When your childhood hero turns into a Trumpist
      • Food writer Juana Pepa on her favourite things
      • Chef Aktar Islam’s top places to eat in Toronto
      • A taste of Sicily: caponata, pasta with sardines and apricot ricotta cake — recipes
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Your guide to a disrupted world

    Start a 4-week trial

    Spring Statement

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Tuesday, 26 April, 2022
      UK public finances
      UK government borrowing halves as economy rebounds from lockdowns

      Economists say strong tax receipts give the chancellor more scope to address cost of living crisis

    • Friday, 25 March, 2022
      Camilla Cavendish
      Where Britons wanted reassurance, Sunak has delivered cynicism

      This government has not thought about the fairest way to share the pain as a cost of living crisis looms

    • Friday, 25 March, 2022
      The FT ViewThe editorial board
      No winners in Rishi Sunak’s fiscal drag race

      Higher inflation and frozen income tax thresholds undermine attempts to cut tax

    • Friday, 25 March, 2022
      Tax
      Spring Statement: what’s in it for investors and householders?

      The economy is expected to grow, but the hit to our pockets will be as big as in the worst recessions

    • Friday, 25 March, 2022
      Helen Thomas
      Why the government’s bid to boost business investment could fail

      Chancellor’s Spring Statement made no mention of the once-trumpeted Plan for Growth — and that is part of the problem

    • Thursday, 24 March, 2022
      News in-depthRishi Sunak
      Government needs to ‘do more’ on cost of living crisis, says Johnson

      Shine comes off UK chancellor Rishi Sunak after his Spring Statement gets a poor reception

    • Thursday, 24 March, 2022
      News in-depth
      Rishi Sunak’s tax-cutting claims challenged by UK think-tanks

      Institute for Fiscal Studies and Resolution Foundation say majority of workers will see their taxes rise

    • Thursday, 24 March, 2022
      Chancellor’s tax savings offset by changes to student loan repayments

      Economists warn that Spring Statement benefits older generations at expense of younger graduates

    • Thursday, 24 March, 2022
      Cost of living crisis
      Sunak hints at more UK energy bills relief in the autumn

      UK chancellor responds to criticism that he failed to provide enough help to ease the cost of living crisis

    • Wednesday, 23 March, 2022
      Sunak banks public finances windfall for pre-election tax cut

      UK chancellor cuts fuel duty and raises national insurance threshold but ignores calls for tax on energy companies

    • Wednesday, 23 March, 2022
      News in-depth
      Chancellor provides minimal help to households on cost of living crisis

      Sunak focuses on banking tax revenues ready for giveaways in run-up to next election

    • Wednesday, 23 March, 2022
      Sunak’s cost of living measures fail to impress in Leicester

      Soaring prices are already driving many into poverty, say charities and social workers

    • Wednesday, 23 March, 2022
      Helen Thomas
      Sunak serves up weak sauce for business

      Companies, like households, got negligible support for near-term pressures and few answers on longer-term priorities

    • Wednesday, 23 March, 2022
      England’s hospitals and schools warn of cuts after Sunak snub

      Refusal to provide extra funding will lead to real term decrease of more than 10% to budgets

    • Wednesday, 23 March, 2022
      UK Inequality
      Britain’s poorest left to bear brunt of squeeze on cost of living

      Chancellor focuses support towards working families and middle- and high-income earners

    • Wednesday, 23 March, 2022
      Taxpayers face additional £500mn bill for Bulb Energy bailout

      Office for Budget Responsibility estimates support will now total £2.2bn

    • Wednesday, 23 March, 2022
      Martin Wolf
      Sunak fails to address the hit to living standards

      It is hard to see a good justification for the chancellor’s decision to leave the most vulnerable worse off

    • Wednesday, 23 March, 2022
      The FT ViewThe editorial board
      A very political Spring Statement

      Chancellor pleases his own party but does little to help the poorest

    • Wednesday, 23 March, 2022
      Lex
      Sunak seeks tax system overhaul to boost business investment Premium content

      Chancellor’s smorgasbord of ideas should have laid out principles that are likely to survive companies’ investment cycles

    • Wednesday, 23 March, 2022
      News in-depth
      Tax cut a sign of Sunak’s grim political and economic situation

      Postdated announcement was rare piece of positive news in Spring Statement dripping in red ink

    • Wednesday, 23 March, 2022
      Robert Shrimsley
      Sunak tries to restore his fortunes with help for Tory targets

      Chancellor’s most political move resurrected the old notion of the deserving and the undeserving

    • Wednesday, 23 March, 2022
      Henry Mance
      ‘Low tax’ Rishi Sunak struggles with ratings deflation

      The cost of living next to Boris Johnson weighs heavily on UK chancellor as he tries to roll back the years

    • Wednesday, 23 March, 2022
      Chancellor promises tax cuts for business investment

      Rishi Sunak sets out options to replace tax break on capital spending that ends next year

    • Wednesday, 23 March, 2022
      Businesses attack UK chancellor over ‘sticking plaster’ support as costs soar

      Executives and lobby groups had hoped for immediate tax cuts and energy allowances

    • Wednesday, 23 March, 2022
      Spring Statement 2022: the chancellor’s speech in full

      Rishi Sunak’s statement to the House of Commons

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      • Cryptofinance
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • The Big Read
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Community
      • FT Live
      • FT Forums
      • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In