The finances used to be the massive news tale remaining week. Money Advice Trust’s 5 issues we realized from nowadays’s Budget is a superb abstract of the small bits that helped other people in debt and the bigger spaces of assist that have been noticeably absent.
The factor combating “Generation Rent” from turning into “Generation Buy” is inflated space costs, now not get right of entry to to credit score. Demand-side loan subsidies now not simplest inflate space costs, additionally they position systemic possibility at the taxpayer. Boo. #Budget2021
— PricedOut (@PricedOutUK) March 3, 2021
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Benefits & different news
Health, personal finances and Coronavirus FCA Insight: Given the decrease ranges of monetary assets amongst the ones sick pre-pandemic, it kind of feels most likely that this team might proceed to stand monetary lines after the results of the present well being disaster have abated for the remainder of the inhabitants.
Families facing council tax rises of up to £100 from April in ‘stealth’ tax raid Mirror: The Office for Budget Responsibility has stated councils will building up taxes by way of £1.8billion subsequent month after the Government gave them the pass-forward to introduce hikes of as much as 5% remaining yr.