Today’s Budget brought a generally positive reaction from Financial Planners and industry professionals, especially on pensions, but there was disappointment that many reforms would only help a minority of people.

Pensions tax free cash will be capped at £268,275 despite the scrapping of the pensions Lifetime Allowance (LTA).

This is the full text of Chancellor Jeremy Hunt's Spring Budget 2023 to the House of Commons today.

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.