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How Millennials became the hardest working generation

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News diary 13 – 19 November: Murdoch's last day at work, Rwanda scheme ruling

News diary 13 – 19 November: Murdoch's last day at work, Rwanda scheme ruling
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financial collapse – Desdemona Despair

financial collapse – Desdemona Despair
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inequality – Desdemona Despair

inequality – Desdemona Despair
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Jeremy Hunt adds hundreds of pounds to income tax and wallops homeowners

The average family is likely to be more than £800 a year worse off after he unleashed an expected wave of tax changes designed to rake in £24billion for the Treasury.

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Brits tell how they will be 'financially crippled' and 'skipping meals' after £1tn tax hit

The raft of changes have left the average family facing the prospect of being more than £800 a year worse off, with the Chancellor also confirming help with energy bills is due to be reigned in.

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Who are the winners and losers from Jeremy Hunt's Autumn statement?

But the brunt of tax changes designed to fill a £60billion hole in UK finances is expected to fall on homeowners and the better off, especially middle and high-income groups.

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Jeremy Hunt plans energy handouts for pensioners and benefit claimants

Chancellor expected to announce in Autumn Statement one-off payments to help vulnerable customers with spiralling bills

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Young people will struggle most to pay rising energy bills, report says

However, the Resolution Foundation’s Intergenerational Audit concludes over-75s will spend 8 of their total household income on bills.

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People over State Pension age will see greatest squeeze on their household income over next year

People over State Pension age will see greatest squeeze on their household income over next year
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