Rachel Reeves has presented a package of £ 14 billion to repair the United Kingdom's economy in its spring statement, since the United Kingdom's budget control agency reduced its prognosis for economic growth in just one percent.
The Foreign Minister confirmed a squeeze of the well -being budget and cuts the civil service, while details an increase in defense spending and an increase in universal credit (UC).
Wednesday's statement saw Mrs. Reeves face the criticism of the conservatives, who affirmed that she had “tank the economy” and was “reckless” with the space for the fiscal head with which he had left.
No change in the limits of the ISA in cash were announced as discussed, but recently announced changes in the UC and imminent alterations to the contributions of the national insurance and the minimum wage can still affect its financial position.
Follow the reaction to Mrs. Reeves's statement here in our blog live.
IndependentThe budget calculator next, created by the fiscal advice firm Blick Rothenberg, will help it determine if it is better or worse after Wednesday's statement.
Enter your data, including how much it earns, civil status and family details to see how your finances will be affected.
