Martin Lewis: My instant UK Budget 2026 reaction

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Martin Lewis takes you through the Chancellor John Healy’s 2026 UK Budget at speed, focusing on the key personal and consumer finance points that'll impact you.

This includes tax, ISAs, first-time buyers, energy bills, fuel duty, State Pension, investments, savings, student finance and much more!

We're updating our story as we get more detail: mse.me/yt2026budgetroundup

00:00 Introduction
00:20 Fiscal drag
00:44 Plan 2 student loans
01:23 Standing Charges scrapped
01:59 £100 energy bill payment
03:10 Cash ISA changes reversed
04:02 Tax on savings interest increased
04:34 First Time Buyers ISA
06:05 Your First Home scheme
06:47 State Pension tax
08:01 Other quick bits