Nadhim Zahawi MP, the newly appointed Chancellor, has called on Prime Minister Boris Johnson to quit.

Chancellor Rishi Sunak and Health Secretary Sajid Javid, a former Chancellor, sensationally quit the government today in a shock dual resignation.

This is the full text of Chancellor's Rishi Sunak's Spring Statement 2022 as delivered to the House of Commons today.

The £3,000 increase to the National Insurance threshold has been welcomed by many professionals but there is also disappointment that a planned 1.25 % rise in NI has not been scrapped.