BRITAIN faces the biggest fall in living standards since the 50s despite Rishi Sunak unveiling tax cuts yesterday.
The warning came as figures show inflation has rocketed to a 30-year high of 6.2%.
In his spring statement, the Chancellor slashed fuel duty by 5p a liter until March 2023. And he raised the income threshold for paying national insurance by £3,000 to £12,570 from July.
Meanwhile, the basic rate of income tax will drop from 20% to 19% by 2024.
Bu hikaye Daily Star dergisinin March 24, 2022 sayısından alınmıştır.
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Bu hikaye Daily Star dergisinin March 24, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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