Helen Knapman

A raft of changes for savers using ISAs – savings accounts where you’ll never pay tax on the interest – have been announced by the Chancellor in today’s Autumn Statement. However, Jeremy Hunt failed to address MoneySavingExpert.com’s calls for a shake-up to Lifetime ISAs.

MoneySavingExpert.com (MSE) founder Martin Lewis has pleaded with the Government not to be “yankers” and shelve much needed buy now, pay later (BNPL) regulation. His call comes as Citizens Advice, MSE and Which? have teamed up again to urge the Government to protect BNPL users.

Martin Lewis, MoneySavingExpert.com’s (MSE’s) founder and chair, is today strengthening his call for the Chancellor to overhaul the Lifetime ISA (LISA) in his 22 November Autumn Statement. Young savers should not be essentially fined – and lose their hard-saved cash – when they purchase homes above the scheme’s £450,000 limit. This is a problem that leaves far more at risk now than when LISAs launched in 2017.

Change is needed to help half a million younger people with Lifetime ISAs as many risk lock-out and £1,000+ in fines to get their money back.

The measures come as part of today’s Autumn Statement, which also contains major changes to the Government’s energy support package.

New Chancellor Jeremy Hunt has reversed a host of tax reforms and drastically scaled back energy help previously announced in September's mini-budget.

Martin Lewis' round-up of the new £2500 energy price cap – here's what's happening  MoneySavingExpert

Martin puts his, MSE users’ and his social media followers’ questions to Rishi Sunak following today’s announcement of a new cost of living crisis support package.

A MoneySaver has successfully taken British Airways to the small claims court and been awarded £300 after disputing the airline’s decision to issue vouchers instead of a cash refund for flights cancelled due to the pandemic.

While the draft Online Safety Bill confirmed today will see new laws introduced designed to keep people safe online, there was no mention of specific protection against online scams.