The Chancellor’s first Budget introduces financial measures with direct implications for personal finances, including adjustments to income tax thresholds, National Insurance contributions, and support for households. Key updates cover changes to childcare costs, energy bill relief, and potential reforms to pension contributions. Experts warn some groups may see higher costs in certain areas, while others could benefit from expanded support schemes. A detailed breakdown reveals which policies could impact savings, spending, and long-term financial planning.
Changes announced by Chancellor John Healey in his first Budget will affect your finances directly. Here's how.
