Rahel Reeves has unveiled the £ 14BN package to repair the UK economy in its spring statement, as the UK budget watchdog brought its forecast for economic growth to only one percent.
The Chancellor confirmed a squeeze on the welfare budget and cut the civil service, while the increase in defense spending and an increase in universal credit (UC).
In Wednesday’s statement, Ms. Reeves faced criticism from the conservatives, who claimed that she “tank” and was “careless” with the fiscal headroom, which she had left himself.
Cash ISA did not have any changes to the limit as was looted, but newly declared changes in the UC and adjacent change in national insurance contribution and minimum wages can still affect your financial status.
Follow the reaction of Ms. Reeves’ statement here in our live blog,
IndependentThe budget calculator below the tax advisory firm Blic Rothenburg will help you determine whether you are better or worse after Wednesday’s statement.
Enter your details how much you earn, the marital status and family details to see how your finance will be affected.
