The annual ISA tax free savings allowance will be frozen at £20,000 for the 2023/24 tax year, according to Budget documents released today.

Chancellor Jeremy Hunt shocked the pensions sector in his Budget today by announcing that he would 'scrap' the pensions Lifetime Allowance and increase the annual allowance from £40,000 to £60,000.

Chancellor Jeremy Hunt told MPs today in his Spring Budget that Britain should avoid a recession this year.

Chancellor Jeremy Hunt is expected to deliver a 'Back to Work' Budget at lunchtime today when he unveils his first Budget since becoming Chancellor.