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.

Chancellor Rishi Sunak has also announced a cut to fuel duty, increases to the household support fund, and nil-rate Vat for energy-saving materials to address the cost of living crisis in the UK.

Chancellor Rishi Sunak has promised to cut the basic rate of income tax to 19p in the pound from the current rate of 20p.

The Chartered Institute for Securities & Investment has relaunched its Wayfinder website which helps consumers find a Financial Planner.

Inheritance tax planning is a major driver for 58 to 75-year-olds - the so-called Boomer generation - seeking regulated financial advice.

Investment platform and SIPP provider AJ Bell has appointed Jamie Ward as head of investment solutions.

The advice sector has made a number of predictions about what could be included in today’s Spring Statement.

Private equity-backed Financial Planning firm Amber River has acquired Cheltenham-based Chartered Financial Planning firm HDA for an undisclosed sum.

LV= has paid out over £19m to policyholders and families with Coronavirus-related claims since March 2020.