Rachel Reeves pledges to ‘grip cost of living’ in Budget

Millions face a dramatic shake-up to their weekly finances from a combination of tax, benefit and wage changes. Our simple Budget Calculator will help families, workers and pensioners see exactly what the latest Budget means for them.

The government has announced a raft of measures affecting taxes, benefits and household costs, from income tax thresholds to energy bills. And, crucially for millions of low‑paid workers, there are also changes to the National Minimum and Living Wage.

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Meanwhile, those on the voluntary Real Living Wage now earn £13.45 per hour across the UK, and £14.80 in L

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