Written Question·Treasury·UIN 71212
Inflation
Tabled: 29 August 2025
Answered: 8 September 2025
Question
Mr Richard Holden
Conservative — Basildon and Billericay
To ask the Chancellor of the Exchequer, with reference to her Department's policy paper entitled Spring Statement 2025: Policy Costings, updated on 2 April 2025, for what reason that document uses both (a) RPI and (b) CPI inflation.
Answer
James MurrayThe Government confirms tax rates and thresholds annually. In some cases, to make sure that they reflect the current economy, they are uprated to account for inflation. The policy paper entitled Spring Statement 2025: Policy Costings sets out the indexati...
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