Has the autumn statement impacted you?

Has government announced their Autumn Statement and it is coming at a pinnacle time in the country, both for Brits watching their wallets ahead of festive period and planning for the near future.

Although the Autumn Statement may not usually be a big deal, the falling inflation and lower interest rates will give the Government more room to manoeuvre as the country approaches another election. While we have seen a drop in core inflation and interest rates beginning to curb, borrowing costs remain worryingly high. Experts predict the focus will be on higher band tax issues such as IHT, ISAs, and homebuying. 

New research from savings platform Raisin shows that consumers want to see a focus on tackling the rising cost of living (57%), making housing affordable (79%), and securing a better retirement (74%).

Ros spoke to personal finance expert Kevin Mountford.

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