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Tax and spending decisions by the government may feel distant to your everyday life, but many of the Budget announcements will have a direct impact on you and your money.
Here are five ways the Budget will affect you if you are under-25.
Minimum wage rise
If you are an 18-to-20 year-old earning the minimum wage, your pay will go up by 3.9% from next April.
Despite the increase, this may be a lower rise than you had expected. That is because Healey reversed course on how his Labour predecessor, Rachel Reeves, had been uprating the minimum wage for young people.
