Government

New Chancellor Jeremy Hunt has reversed a host of tax reforms and scaled back energy help previously announced in September's mini-budget in an effort to reassure markets and ease financial turmoil that has triggered a spike in mortgage rates. Here's what the shake-up means for you.

The energy price guarantee, which was introduced on 1 October to protect households from a hideous 80% increase in energy bills, will now only last until April 2023, rather than for the next two years as originally planned. Here's what we know so far, and how the shake-up could impact your future bills.  

MoneySavingExpert.com and its founder Martin Lewis have joined forces with a number of campaign groups and organisations to urge the Prime Minister to push the scams element of the Online Safety Bill through Parliament as quickly as possible in a bid to end the "constant perpetuation of online fraud".

Watch out for fake text messages claiming to be from the Government, inviting you to apply for the £400 energy bill support. They're a scam – the £400 will be paid automatically. You do not need to apply. 

Disability campaign groups have written an open letter to the Prime Minister, calling for her to increase disability benefits, and their eligibly criteria, in a bid to prevent a "devastating humanitarian crisis". 

Energy bills will be capped at £2,500 a year for a typical household from 1 October 2022 for the next two winters, Prime Minister Liz Truss has announced. A £400 energy rebate will also continue to be paid as planned from October. Here's MoneySavingExpert.com founder Martin Lewis' round-up.

Around 1.1 million people who claim tax credits will get their first £326 cost of living payment from today (2 September). Below we breakdown who's eligible and how you'll be paid, plus what to do if you don't receive your payment but think you should. 

MoneySavingExpert.com founder Martin Lewis has called on the two remaining Conservative Party leadership candidates to take immediate action over spiralling energy costs on the day they enter Number 10 – otherwise the risk to people's mental and physical health will be "unthinkable". Martin's plea comes as energy regulator Ofgem today confirmed the energy price cap will rise by 80%.

School leavers getting their A-level results this week should be aware that deferring for a year means they'll be on the new student finance system being introduced in England in September 2023, and will repay their loan for a much longer period, potentially costing £10,000s more.

The Government must "immediately" update its energy bills support package to provide additional help that is better targeted towards the most vulnerable, a cross-party group of MPs have said in a new report published today.