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07 Jun 2022

Chancellor announces windfall tax on energy firms

Chancellor Rishi Sunak will impose a windfall tax on energy firms alongside a package to help households with the cost-of-living crisis.

07 Jun 2022

Energy price cap set to rise to £2,800 in October

The energy price cap is now expected to rise to around £2,800 in October, according to the UK's energy regulator.

07 Jun 2022

Inflation hits 40-year high

Inflation has hit its highest level in 40 years amid the deteriorating cost-of-living crisis, according to the latest figures from the Office for National Statistics (ONS).

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Rate 1979/80 1980/81
Single Persons Allowance £1165 £1375
Married Man's £1815 £2145
Child's allowance (per child) £365 £365
Age related 65-74 £1540 £1820
Higher rate - income over £31,865 £32,010
Age related 75 and over
Married Couples
Age related 65-74 £2455 £2895
Age related 75 and over

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