New Chancellor Jeremy Hunt has reversed a host of tax reforms and scaled back energy help previously announced in September's mini-budget in an effort to reassure markets and ease financial turmoil that has triggered a spike in mortgage rates. Here's what the shake-up means for you.
Watch MoneySavingExpert.com founder Martin Lewis interview the Chancellor of the Exchequer below. In the video, Martin puts his own, MSE users' and Martin's social media followers' questions to Rishi Sunak following today's announcement of a new cost of living support package.
The new Tax-Free Childcare scheme which gives eligible families an extra 20% towards childcare costs will launch in April, the Chancellor announced today. But with just one month to go, details about how it will work are still sketchy.
The Government's Help to Buy mortgage guarantee scheme - part of its flagship programme to boost home ownership – will close to new mortgages on 31 December 2016, it was announced today.
First-time buyers will be able to get a Government bonus towards a first home in time to bolster their deposit when they exchange contracts under the new Lifetime ISA (LISA) scheme, which begins next year.