Millions of people are facing increases in council tax, energy prices and other costs from April. The start of the new financial year means many households will see a rise in wages, benefits and pensions as they grapple with the effects of the cost of living crisis.
The national living wage and minimum wage are both rising from April 1, meaning more take-home pay for working people. You can read more about that here. Benefits are also being uplifted by 10% in line with last September's inflation figure, although experts have warned deduction increases could wipe out some of that extra money. You can read more about that here.
Pensioners are also set to benefit, with state pension rising by 10%. You can read the new pension rates here and sign up for our twice-weekly money newsletter bringing you all the latest news and tips here.
