Putting more money in people’s pockets

This Budget takes levies off energy bills to save families £150 on average next year, and up to £300 for some poorer households.

The historic decision to remove the two-child limit in full from April 2026 will lift 450,000 children out of poverty -rising to around 550,000 alongside other measures announced this year, such as the expansion of free school meals - the biggest reduction at any Budget this century. This comes after this government has already rolled out free breakfast clubs to half a million more children.

We are raising the National Living Wage and National Minimum Wage meaning full-time workers on the National Living Wage see a rise of £900 a year, while full-time workers on the 18-20 National Minimum Wage rate will see a £1,500 rise.

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