Money blog: Price of a pint is about to hit big milestone; Asda slashes thousands of prices | Money News

Rachel Reeves is set to provide an update on the economic health of the country when she delivers her spring statement on Wednesday.She's under growing pressure as the latest data shows the economy flatlining - and her statement is likely to include big spending cuts and may include tax rises, which could depress economic activity further. So what can we expect?Income tax freezeThe chancellor could decide to extend the freeze on thresholds at which people start to pay different rates of income..