today at six, as the cost of living crisis bites, the chancellor sets out his plans to help hard pressed families. delivering his spring statement, he warned we should all be prepared for "the economy to worsen, potentially significantly." but he told the commons new government tax cuts would help ease the burden for millions. a tax plan that cuts taxes on working families by over £330, cuts taxes on fuel by 5p a litre, cut taxes on business and, yes, for the first time in a long time, cuts income tax. inflation is at its highest level for 30 years, and rising. energy prices at record highs. people are worried sick.