How the Spring Statement will impact your finances

Matthew Jenkin, a money writer at Which?, and Susannah Streeter, Head of Money and Markets at Hargreaves Lansdown, dive into the implications of the recent Spring Statement. They analyze the impacts of new tax policies and welfare reforms on personal finances and discuss how inflation affects consumer spending. The conversation also touches on the current banking landscape, highlighting favorable savings rates and easing mortgage conditions. They explore potential ISA reforms, tax changes for the self-employed, and the reactions from financial markets.