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Wales Online
Wales Online
National
Sara Odeen-Isbister & Lucy John

Martin Lewis reacts to budget fears for 'squeezed middle'

Money saving expert Martin Lewis has reacted to the Autumn Statement after chancellor Jeremy Hunt announced tens of billions of pounds of tax rises and spending cuts. Although the financial guru welcomed the 10.1% increase in benefits and state pension, he said it would be "difficult" for the "squeezed" middle, as many won't be eligible for a majority of the support announced.

On Thursday Martin shared Twitter updates on Chancellor Jeremy Hunt's budget as it happened. He wrote: "I am very pleased that both benefits and the state pension are being increased by the 10.1% September inflation rate. "It only happens from next April, and it will still be hard for many, but if it was less than this it would've been devastating."

Read more: Martin Lewis urges every house to do nine things before winter

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