Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds

Concerns over the impact of a ‘stealth tax’ have been highlighted as the chancellor confirms inflation busting rise in the state pension

Move aims to bring in extra £1.2bn of savings as government seeks to head off criticism over welfare spending

The chancellor is expected to announce a raft of tax hikes as part of her 2025 autumn Budget