Families receiving tax credits won't be hit as hard as expected after the Chancellor today announced a U-turn on one of the major proposed cuts in the Summer Budget.
The amount people get in state pension payments from next April has been confirmed by Chancellor George Osborne today, while he also revealed those who leave the UK for more than four weeks at a time will no longer receive pension credit or housing benefit.
'Road tax' rates are to be shaken up for new cars from 2017, while a new 'Roads Fund' is to be established so money raised in England will be spent on maintaining and upgrading roads in the country.
Chancellor George Osborne has outlined a new national minimum wage for over 25s, dubbed the 'national living wage', which while higher than the current minimum wage is not all it's cracked up to be.
8 July 2015
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