MoneySavingExpert News

The Budget

Scottish budget: Higher earners to pay more tax and benefits to rise by 10.1% – what the changes mean for you

Deputy first minister John Swinney has announced major income tax rises for higher earners in Scotland from April next year.

15 December 2022

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

Autumn Budget 2021: From minimum wage increases to fuel duty freezes - here's a full round-up of the big announcements

Chancellor Rishi Sunak will deliver his Autumn Budget to the House of Commons on Wednesday 25 October, where he'll set out the Government’s financial strategy.

27 October 2021

National minimum wage to increase in April

The national living wage paid to workers aged 23 and over will rise from £8.91/hr to £9.50/hr from 1 April, the Government has announced. The national minimum wage for workers aged under 23 and apprentices will also rise.

25 October 2021

Contactless payment limit to rise to £100 from 15 October

The contactless payment limit, which is the amount you can spend on card without entering a PIN, will rise from £45 to £100 from 15 October, it's been confirmed. It comes after chancellor Rishi Sunak formally announced the plans in the spring Budget.

27 August 2021

Autumn Budget 2017: National minimum wage to rise next April

The national living wage is to rise by 4.4% in April 2018, from £7.50/hour to £7.83/hour

22 November 2017

Full Autumn Budget 2017 round-up as Chancellor unveils Government spending plans

The Chancellor Philip Hammond unveiled a wave of measures in today's Budget

22 November 2017

Budget 2017: New NS&I Investment Bond will pay 2.2%

The Chancellor has confirmed the details of the three-year Government-backed savings account

8 March 2017

Budget 2017: Smokers to be hit by new 'floor price' tax on cigarette packs

No change to previously planned alcohol and tobacco duty rises - but an effective floor price on cigarette packs is set

8 March 2017

Budget 2017: New tax-free childcare scheme to launch next month – what we know so far

The Tax-Free Childcare scheme which gives eligible families an extra 20% towards childcare costs will launch in April

8 March 2017