Summary
The UK Chancellor, Rachel Reeves, announced a budget featuring various tax increases. She also introduced a cap on pension salary sacrifices and removed the two-child benefit cap. These measures might affect people's incomes and have sparked discussion among political parties.
Key Facts
- Rachel Reeves is the UK Chancellor.
- The budget includes several tax increases.
- A cap has been set on pension salary sacrifices.
- The two-child benefit cap has been abolished.
- The announcements have prompted reactions from other political parties.
- These budget changes may influence people's paychecks.
