Inflation has peaked and is set to fall to 2.9% by the end of 2023, said Chancellor Jeremy Hunt in his Spring Budget, as he unveiled plans for help with fuel bills, childcare costs and pensions.
Key Takeaways
30 hours of free childcare a week from September 2025
Energy Price Guarantee extended for three months
Fuel duty frozen for 12 months
Pensions: annual tax-free allowance increased by 50% from 40K to 60K and the lifetime allowance to be abolished
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