Rachel Reeves must overhaul the allowance that has resulted in thousands of unpaid carers being saddled with life-changing debt, and in some cases threatened with criminal prosecution, the consumer finance expert Martin Lewis has said.
Lewis has written to the chancellor, identifying four measures that he says are possible to enact without great cost to the taxpayer that would remedy financial injustices, including changes to the child benefit charge and removing withdrawal penalties from lifetime Isas. Continue reading...
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