Chancellor

The Government has confirmed plans to merge the basic and second state pensions.

Pensioners received a £3.3 billion blow in today's Budget as they found out they will eventually lose the higher personal allowance they enjoy in comparison to the rest of the population. This has been dubbed the new 'Granny Tax'.

Benefit recipients could lose a combined £10 billion by 2016, the Chancellor announced in today's Budget.

Smokers will be hit by higher prices as the Chancellor announced increases in tobacco duty in today's Budget. Meanwhile, the price of alcohol will rise next week.

Property buyers who purchase homes worth over £2 million will have to pay a significantly higher rate of stamp duty.

Drivers had their hopes of avoiding another petrol pump increase later this year dashed by Chancellor George Osborne today.

Some drivers will have to change or quit their jobs if August's planned fuel duty increase goes ahead, an AA/Populus survey showed today.

Chancellor George Osborne is poised to water down plans to strip higher earners of child benefit, it was reported last night.

Petrol prices are set to reach an all-time high, piling pressure on Chancellor George Osborne to cut fuel taxes.