Martin Lewis has issued an update to every household earning under £50,000 a year, following UK Chancellor of the Exchequer Kwasi Kwarteng's mini-budget on Friday.
The MoneySavingExpert founder has been regularly sharing updates and advice amid the worsening cost of living crisis. The financial expert has been providing tips for people to save money as household budgets are stretched increasingly thin.
As reported by The Mirror, Lewis uploaded an "explainer" video informing people how they will be impacted by the Chancellor's changes. In the video, he explains how households will be affected by Stamp Duty, National Insurance and Income Tax.
