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What does Jeremy Hunt's 2024 Spring Budget mean for you?

7 Mar 2024

By Daisy Burns-O'Keefe, National Numeracy Digital Marketing Officer

Has yesterday's Spring Budget left you feeling none the wiser about the state of your own finances? 

Do you know whether you have more pennies in your purse...or a smaller wad in your wallet? We know just the people to help you. 

Managing money with maths and calculator

Check out the advice from National Numeracy Ambassador Martin Lewis and some of our charity's friends, below. Their Spring Budget summaries and tips can help you understand how your own finances are affected.

Another great tip is to brush up on your numbers with our free National Numeracy Challenge tool. It can help you feel more confident to manage your money and the other numbers in your everyday life.

Martin Lewis' instant analysis

Journalist, Money Saving Expert and National Numeracy Ambassador Martin Lewis dived into the news through an extended video via social media yesterday.

In addition to TV appearances, this explanation seemed to help the nation understand exactly when, how, and why the changes will impact our pockets. Not only does Martin divide each aspect of the spring budget into bitesize chunks, he also let us know exactly who each change will affect.

You can even find a handy calculator to work out your new take-home pay at!

Hear more from Martin on the Child Benefit changes

Martin Lewis explains the 2024 Spring Budget

Key takeaways with Claer Barrett

Financial Times Columnist, Podcaster, Author and friend of National Numeracy Claer Barrett was speedy in sharing her three key takeaways live from the Financial Times newsroom. 

On Wednesday she helped to UK to understand how the Hunt's plans will affect our money, highlighting child benefit and changes to the British ISA allowance.

If you'd like to learn more about your tax-free allowances, join Claer on Thursday 14th March for the free webinar 'Sort Your Financial Life Out: The art of tax-free investing' alongside  National Numeracy Ambassador Mr MoneyJar and Moira O'Neill.

Claer Barrett on Instagram

Budget breakdown with Abi at Elent Finance

Financial Educator, Founder of Elent Finance, Content Creator and friend of National Numeracy Abi Foster grabbed a prime spot for her budget breakdown outside number ten. Abi is an ACA Chatered Accountant so we think she is a perfect person to count on when it comes to money maths and feeling good about our finances.

Do you find keeping up with spoken numbers and data a tad tricky? This explainer has all the key details in the caption too!

Abigail Foster on Spring Budget 2024 via Instagram

Try the National Numeracy Challenge

However you feel about maths, you’re not alone. The National Numeracy Challenge is a free and easy-to-use website you can use to improve your confidence with numbers, in your own time and at your own pace.

It’s ideal for brushing up, checking your level, or for catching up on learning you missed, and it’s all about the maths you need in daily life and at work – no algebra or trigonometry.

National Numeracy Challenge homescreen on desktop computer