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As this year's Autumn budget approaches, Chancellor Rachel Reeves is facing some tough financial decisions to try and plug a £50 billion black hole in the nation’s public finances . Brits will find out the full extent of Labour's plans for the economy when Ms Reeves delivers her second Autumn Budget on November 26.

So far, there has been much speculation as to how the Chancellor plans to cut costs this year, with concerns raised over possible tax rises. One of the major decisions that will be confirmed at the Budget is how much DWP benefits will be uprated by the following April.

The rate of benefits increases every April in line with the rate of inflation from the previous September. This figure is confirmed at the Autumn Budget, but it is likely to stay as the 3.8% fr

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