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Cost of living

Martin Lewis: What the Autumn Statement means for you – including wages, benefits, pensions, ISAs, national insurance and more.
The Chancellor Jeremy Hunt has today announced a range of new tax, benefits and savings measures in his Autumn Statement. MoneySavingExpert.com founder Martin Lewis has shared his instant reaction and explained what the changes mean for you, and we've added more detail on them below.
22 November 2023
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Over 460,000 workers in the UK are set to see their hourly pay rise by 10% due to an increase in the 'real living wage'; a voluntary employers' pay scheme based on the cost of living. The change means those covered by the scheme will see pay rise to at least £12 an hour, while those in London will get £13.15.
30 October 2023
State pension could rise by 8.5%.
The state pension could rise by 8.5% from April 2024 under the 'triple lock' guarantee, meaning millions of people could receive a weekly increase of up to £17.35. Certain benefits, including Universal Credit, are also expected to rise from next April by 6.7%.
18 October 2023
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Over six million disabled people claiming certain benefits have now been sent a £150 one-off cost of living payment. If you haven't got yours, don't panic – we've got all you need to know on how to claim your missing payment. 
7 August 2023
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Over eight million households on certain benefits and Tax Credits have received the first third of their £900 cost of living payment. Here's all you need to know on whether you're eligible and how to claim if you're missing your payment.
23 May 2023
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More households using heating oil, LPG, biomass and other alternative fuels can now apply for £200 to help with their energy bills. That's because the Government has confirmed it will now accept receipts dating back to 1 June 2022 as evidence – a three-month extension on the previous September 2022 cut-off.
12 April 2023
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An extra 200,000 homeowners on universal credit are now eligible for state help with their mortgage repayments as changes to the 'support for mortgage interest' scheme have kicked in today (3 April). It means you might be able to get help covering a portion of your monthly mortgage repayments if you're struggling. 
3 April 2023
Martin Lewis rounds up the key Spring Budget announcements
The Chancellor Jeremy Hunt has today announced a range of new tax, benefits and energy measures in his Budget. But, as MoneySavingExpert.com founder Martin Lewis points out, income tax thresholds will remain frozen – meaning millions will be pulled into paying more tax through a process known as 'fiscal drag'. Below we round up the key announcements and you can also watch Martin's instant reaction.
17 March 2023
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Tens of thousands of financially vulnerable people are likely slipping through eligibility cracks in the £150 Warm Home Discount support scheme, according to MoneySavingExpert.com (MSE). After direct contact between MSE founder Martin Lewis and energy secretary Grant Shapps, the minister has promised he will look into the complaints.
14 February 2023
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Council tax bills will increase for millions of people in England from 1 April, with the majority of local authorities set to hike rates by 5% – though in some cases bills will rise by up to 15%. Council tax bills are also expected to rise in Scotland and Wales where nationwide caps are not in place.
14 February 2023

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