[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.]
U.K. Finance Minister Rishi Sunak is announcing a new government budget in his Spring Statement.
A planned 10% increase to National Insurance (a tax on earnings) kicks in for many workers in April, while at the same time the U.K.’s energy price cap soars 54% to accommodate higher costs of oil and gas, exacerbating the squeeze on household income as consumer prices continue to head north.
Source: https://www.cnbc.com/2022/03/23/watch-uk-finance-minister-rishi-sunaks-budget-announcement.html