How will the Queen’s speech affect your personal finances?

How will the Queen’s speech affect your personal finances?After the shock General Election victory for the Conservatives, the Queen’s Speech, which was delivered yesterday, set out the Government’s plans for the months and years to come. How will your personal finances be affected? Will you be better or worse off? Read on as we reveal all. Tax The legislation likely to have the largest impact on your personal finance is the ‘National Insurance Contributions and Finance Bill’, which includes commitments that: Income tax, VAT and National Insurance will not increase during the next five ...

Cost of raising a child rises to all time high as benefit cuts begin to bite

Cost of raising a child rises to record levels, find out why hereA new survey has shown that the cost of raising a child has risen significantly over the past year, just as many households have seen their child benefit withdrawn. The latest LV= Cost of a Child Report, shows that the cost of raising a child to the age of 21, has risen to a staggering £222,458. The new figure is an all-time high, up £4,000 on ...