Chancellor’s speech expected to be “policy-light”.
Spring Statement: expectations
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Current Affairs
Bank of England increases interest rates to 0.75%
Bank rate back to pre-pandemic level.
Labour market continues to recover
Employment rate hits 75.6%.
Scammers target self-assessment taxpayers, HMRC warns
570,000 reported in the last year.
UK GDP grew by 0.8% in January 2022
Economy bounced back at turn of year in the UK.
One week until COVID-19 sick pay scheme closes
Claims can be made until 24 March 2022.
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