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What the Budget means for you

Does the Budget statement change anything about when the next election will be held? Our experts, Kevin Peachey and Helen Catt, guide us through the economics and the politics.

The Chancellor has announced changes to child benefit, the way overseas wealth is taxed and a national insurance cut in what's likely to be the final budget before Britain goes to the polls. Jeremy Hunt spoke for more than an hour in the Commons - with Conservative backbenchers listening eagerly for measures which might prompt a change in their political fortunes. But there were no big surprises. Instead Mr Hunt boasted that the government had turned the corner on inflation - and that he was offering permanent cuts in taxation. The Labour leader, Sir Keir Starmer, responded that the budget was the "last desperate act" of a party which had failed.

So what does it all mean for you and your money? In this 5 Questions On podcast - our experts, Kevin Peachey and Helen Catt, guide us through the economics and the politics.

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8 minutes