MoneySavingExpert News


Chancellor suggests Lifetime ISA changes are on the horizon as Martin Lewis urges him to help 'trapped' savers

The Chancellor Jeremy Hunt has hinted help could be on the way for first-time buyers who face losing £1,000s of their own savings when withdrawing funds from Lifetime ISAs (LISAs) to buy homes above the scheme's property price limit. Martin Lewis challenged Mr Hunt over the issue during an interview in the latest episode of ITV's The Martin Lewis Money Show Live.

11 January 2024

Chancellor Jeremy Hunt admits Child Benefit 'unfairness' during Martin Lewis grilling

The Chancellor Jeremy Hunt has admitted that there is an "unfairness" in the current Child Benefit system, which means some families get less (or no) support as a result of "overcomplicated" tax rules. Mr Hunt made the comments during a grilling from founder Martin Lewis.

10 January 2024

Buy now, pay later regulation 'has NOT been canned', Chancellor tells Martin Lewis – but regulation won't be 'heavy-handed'

Buy now, pay later (BNPL) regulation has not been shelved, Chancellor Jeremy Hunt confirmed in an interview with founder Martin Lewis this week. However, the Government is being careful not to be too "heavy-handed" in its approach to regulating the industry, Mr Hunt said.

10 January 2024

Autumn Statement: Workers to pay less in national insurance – but rate cuts don't offset the freezing of personal tax thresholds

Both employees and self-employed workers will pay less in national insurance from next year, Chancellor Jeremy Hunt has announced in today's Autumn Statement.

22 November 2023

Budget 2023: Tax-free pension limits raised - here's what it means for your savings

The annual amount you can save into a pension once you've taken money out of it will rise from £4,000 to £10,000 this April.

21 March 2023

Martin Lewis: Outdated LISA rules COSTING first-time buyers and need a radical overhaul

Change is needed to help half a million younger people with Lifetime ISAs as many risk lock-out and £1,000+ in fines to get their money back.

22 January 2023

Chancellor's emergency fiscal budget – Jeremy Hunt scales back energy support and reverses tax reforms: Here's what you need to know

New Chancellor Jeremy Hunt has reversed a host of tax reforms and drastically scaled back energy help previously announced in September's mini-budget.

18 October 2022

Watch Martin Lewis's Q&A with Rishi Sunak on the new cost of living support package – plus more info on today's announcement

Martin puts his, MSE users' and his social media followers' questions to Rishi Sunak following today's announcement of a new cost of living crisis support package.

28 June 2022

Homebuyers won't pay stamp duty on properties up to £500,000 until next April

Homebuyers won't pay stamp duty on the first £500,000 of a property's purchase price, in a temporary measure announced by the Chancellor today

8 July 2020

Chancellor to deliver major economic statement

The Chancellor Rishi Sunak is set to make a major economic statement today - with big news on stamp duty, tax changes and more likely

8 July 2020