Budget reaction: what the announcement means for pensions, savings, investments and personal finances

The AJ Bell Money & Markets podcast team react to Chancellor Rachel Reeves’ Budget, explaining how the new rules affect consumers and businesses. There was a lot of speculation about big changes to the tax system so Danni Hewson, Charlene Young and Dan Coatsworth cover off the main points, explaining which rates are changing and which ones are staying the same. This includes big news around capital gains tax and inheritance tax. There is some good news on ISAs and pensions, and Dan explains why there was a positive market reaction to the Budget. The FTSE 250 and AIM indices jumped on the announcement, so listen to the podcast to find out why. The team also analyse the new economic forecasts for the UK and the challenges ahead for not just the government, but also businesses across the country.