OBR says average income of 3.2 million families affected by benefits cuts will drop by £1,720 a year in real terms

The chancellor, Rachel Reeves, has delivered her spring statement, and the Office for Budget Responsibility (OBR) has published its latest report on what the plans will mean for the wider economy and individuals. Here’s what it means for you.

Continue reading…Spring statement 2025, Rachel Reeves, Labour, Consumer affairs, Income tax, Office for Budget Responsibility, Tax, Benefits, Welfare, Tax and spending, Property, House prices, Savings, Isas, Politics, Money, UK news, BusinessRead More

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